whidbey

SEC Moves Aggressively On Short Sellers {Housing Tracker]

The hunt for manipulators is a diversion to avoid looking at the racketeers who set up the financial trap. They should look in Congress where many corrupt members have been in bed with the GSE management for years, Congress got donations, trips etc, and the GSE got programs from Congress to underwrite more and different loans, not mention Fortune 500 salaries. The upshot? We have a mutually corrupt agency and Congress. Franklin Raines from Seattle settled his corruption charges and has walked away leaving the US citizen holding the bag. And Congress? They are planning ACT II when they give Ben the bucks to fix the GSE capital and "run new programs". Forget the stock shorts and look at the moral shorts in Congress and at the Agencies. PS; Naked short selling was always illegal, and nondelivery of shares was illegal, and manipulation per se is not illegal unless coupled with an intent to obstruct the Federal statutes. I have been practicing 40 years and that is damned near impossible. So the SEC search is just a hoax to divert the sheriff.