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View Full Version : Naked Short Sales Hint Fraud in Bringing Down Lehman - Bloomberg



NewsWhore
03-19-2009, 06:22 AM
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Naked Short Sales Hint Fraud in Bringing Down Lehman (http://news.google.com/news/url?sa=T&ct=us/3-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601109%26sid%3DaB1jlqmFOTCA%26refer%3Dhome&cid=1316943987&ei=8R3CSYHwMJuoM8fhpY4G&usg=AFQjCNFCL3jbUQInIvQCtLMBlhYp8zIsjw)
Bloomberg
The same thing happens to a currency when a government prints more of it.” Trimbath attributes the almost ninefold growth in the value of failed trades from 1995 to 2007 to a rise in naked short sales. “You can’t have millions of shares fail to deliver ...


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