Wednesday, July 16, 2008

SEC ‘naked short selling’

There has been a huge wikipedia ‘controversy’ about the wiki entry on naked short selling. There is some Businessweek journalist named Gary Weiss who apparently doesn’t believe it exists but in the minds of corrupt small cap CEOs.And he managed to get the ‘naked short selling’ entry on wikipedia to be barred from all editing - remember, because it doesn’t exist. This Gary Weiss character (known as Mantmoreland on WP) is coincidentally also behind the Max Keiser wiki entry being deleted from Wikipedia - if you look closely, you will see that Max is oops listed on the ‘naked short selling’ wiki as having made a film which talks about naked short selling as oops being a problem.