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Message: Will The Rules Against Naked Short Selling Be Finally Enforced?

Will The Rules Against Naked Short Selling Be Finally Enforced?

posted on Jun 25, 2008 06:34PM


Posted On: Wednesday, June 25, 2008, 2:30:00 PM EST

In The News Today

Author: Jim Sinclair

Jim Sinclair’s Commentary - Http://www.jsmineset.com

The golden age of the Hedge Fund Manager is over. It ended with the Bear Stearns arrests for a crime committed by every SIV holder everywhere, yet they were the ones indicted and will most likely go down. The hunt is on. It is a career opportunity to arrest and indict a Hedge Fund manager. The paper trail will not go away and all financial criminals roll over on each other.

Most do not yet know it because egomania blinds the maniacs who really believe he/she is above all laws and regulations. Power tripping causes ego blindness and then destruction of the destructors. You cannot grow a soul if it is missing.

The above comments from James Sinclair are in reaction to massive amounts of naked short sales suspected of coming from hedge funds and banking divisions of some of Canada's prime brokers that have put pressure on low priced junior gold and natural resource stocks since about May of 2007 for profit.

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