REPORT COPYRIGHT VIOLATION IN REPLY
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Message Subject
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Direct from a Confidential report: REGARDING GOLD! And other INFO
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Poster Handle
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Anonymous Coward |
Post Content
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Hehe... hold on a sec...
OP is a hedge fund manager... and one that is still profitable?
So what you mean to say that you're one of those unscrupulous, naked short selling bastards that helped to birth this global financial disaster so you could make your 20% margin.
Gotcha.
Please continue, OP.
Quoting: CogburnYou've been taking the CNBS propaganda too seriously. Not all short sellers are naked shorts. (Do you even know what that means?) Here is a quote from an email I just received: ------------------------------------------------------ Short sellers (SS) didn't get people to buy homes with no money down, SS didn't convince people to buy homes with teaser rates, SS didn't convince people to lie about their income on their mortgage applications, SS didn't tell banks/brokers to lever up to such huge levels, SS didn't tell Greenspan to cut rates to 1% and leave it there, SS didn't invent FNM and FRE, SS didn't tell the OTS, OCC, FDIC, Fed, SEC, FFIEC, FTC, FHFA and all the state regulators to twiddle their thumbs all day, SS didn't tell the rating agencies to rate AAA on anything that moved, SS didn't tell banks to lend to commercial real estate investors on a property where the rent didn't cover the mortgage payment, SS didn't tell the average consumer to spend more money than they make and borrow the difference. Short selling is a legitimate form of speculation that fully enhances market liquidity and price discovery."
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