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The Financial Sector Conundrum

Would there be a strong law firm willing to represent those investors losing most if not all of their equity in RF , from May to date , so that a class action can be initiated against the naked short sellers and their associates ?

Naked shorting is the unlawful tool used to drive down the equity of RF drastically .

The forever depleting prices on the RF would naturally force the average investors into a panic sale or margin call sale .

The honest and average investors lost all in a couple of months time , without knowing what has struck them .

All money made using an illegal tool should be returned to the victimized investors .

Mother of All Short Squeezes?

Yes , why does the unlawful naked short selling being allowed openly by SEC ?

Even at emergency , SEC offers policing to only 19 investment banks for 30 days .

How about the regional banks where they have already been hurt by naked short sellings .

The naked short sellers can short sell unlimited quantity of shares of any bank by not having to borrow the same .

Such short sellers then have the " privilege " to command an unlimited supply of shares .

Such short sellers are naturally invincible since they have been well fed financially in expense of the economy of USA .

Yet , SEC would only police for 19 investment banks .

Why does the lawmakers tolerate such notorious violation of the law ?

Further , banks are often required to shore up their balance sheet forcing them to sell newly issued stocks at depleted pricing .

An article indicated that the same short sellers who depleted the banks' pricing would buy the newly issued stocks for covering their position .

Magic ! short selling " nothing " at a high price and buying back the tremendous quantity of new issues at a dirt cheap price .

A small group of short sellers make huge profit on the misery of a very large number of innocent people .

Is this vicious cycle of selling phantom stocks at high prices while covering the position with cheap new issues , really happening under the eyes of lawmakers ?

Just in case , Banks should have a grace time to shore up their balance sheet until the naked short selling is limited .