honkytonker

What the Hedge Funds' Bad September Could Mean for Markets

Don't give the SEC so much credit. Their naked shorting rules were toothless and never meant to be enforced. The only way they could temporarily stop the naked shorting was to stop ALL shorting. They are seriously bent by the industry they are supposed to regulate. Naked shorting of Goldman into oblivion would have been nothing less than schoolyard justice.

The Death of Market Fundamentalism

re "detached": Not to mention the rampant naked short selling condoned by a toothless and co-opted SEC.