Financial Conspiracy?!?!?
A rabbithole, not as deep or complicated as it looks
http://www.deepcapture.com/Our whole financial system in ruin?
Hardly. FTDs are common and need to be dealt with, as do naked shorts. The main thrust of this writers article is that a number of hedge funds front-run articles by prominent stock columnists. This is illegal, but hardly surprises me. As for fails, no one should be allowed to naked short, and we need a stronger locate requirement. This should coincide with the development of an electronic market for securities loans. As usual, transparency in the financial market is a good thing.
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