Article: The GameStop Mess Exposes the Naked Short Selling Scam

Article - Media, Publications

The GameStop Mess Exposes the Naked Short Selling Scam

LUCY KOMISAR, 25 February 2021

At the House Financial Services Committee hearing last week on the GameStop debacle, there was an elephant in the room: naked short selling.

Short selling, effectively betting that a stock will go down, involves a trader selling shares he does not own, hoping to buy them back at a lower price to make money on the spread. The trader is supposed to locate (or have a “reasonable belief” he can locate) or borrow the shares in brokerage accounts, and then transfer them to the buyer within two days. This accounts for as much as 50 percent of daily trading. Continue reading “Article: The GameStop Mess Exposes the Naked Short Selling Scam”

Subject: Anthony Gonzalez

Subject of Interest

Anthony E. Gonzalez (R-OH) is a committee member of the 116th Congress U.S. House Committee on Financial Services. He is an American politician and former professional football player. A member of the Republican Party, he has been serving as the U.S. Representative for Ohio’s 16th congressional district since 2019. He played college football at Ohio State and was drafted by the Indianapolis Colts in the first round of the 2007 NFL Draft. He was elected to the U.S. House of Representatives on November 6, 2018 and was sworn in on January 3, 2019. He graduated from Ohio State University (BA), and Stanford University (MBA).

Biography

U.S. House Banking Committee on Financial Services

Subject: Vicente Gonzalez

Subject of Interest

Vicente Gonzalez Jr. (D-TX) is a committee member of the 116th Congress U.S. House Committee on Financial Services. He is an American attorney and politician serving as the United States Representative for the 15th District of Texas. He is a member of the Democratic Party. Gonzalez won the 2016 general election and took office on January 3, 2017. Gonzalez was re-elected to serve a second term in the 116th Congress, taking his oath of office on January 3, 2019. He graduated from Del Mar College, Embry–Riddle Aeronautical University (B.A.),  and Texas Wesleyan University (J.D.). Gonzalez founded his law firm, V. Gonzalez & Associates, in 1997. He is a member of the bar associations of Texas and New York.

Biography

U.S. House Banking Committee on Financial Services

Article: Berkshire Hathaway Bet Big on Dialysis Giant DaVita. Jim Chanos Thinks It’s a Scam

Article - Media

Berkshire Hathaway Bet Big on Dialysis Giant DaVita. Jim Chanos Thinks It’s a  Scam.

Christine Idzelis, Institutional Investor, 4 December 2019

DaVita provides life-extending dialysis treatment to more than 200,000 patients. But is it gaming the system through questionable donations to the American Kidney Fund?

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Comment: Chanos is calling DVA a fraud. Stock was $59 it fell to $53.   Then it went to $115.    NICE WORK.  Buffet too big to cheat?

Web: Federal Regulators Continue to Deny Scope and Implications of Counterfeiting

Web

Federal Regulators Continue to Deny Scope and Implications of Counterfeiting

Bud Burrell

Sanity Check via Wayback, 10 January 2006

Over the past three years, Federal Regulators have continued to systematically deny the evidence of the existence of massive fails to deliver from numerous sources, many of which have gotten credible exposure on numerous levels from highly informed parties that these regulators can not dismiss out of hand. The implications are many, but the most serious are those connected to a massive counterfeiting conspiracy, conducted by a very sophisticated coterie of parties who have been affiliated with one another for literally decades through varying sides of the securities industry, both buy and sell side.

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