There has been a huge amount of rubbish posted about short selling and
BSC, not the least of which is this silly nonsense posted recently by
Comix.
On Mar 18, 1:28 am, com...@[EMAIL PROTECTED]
wrote:
> bear stearns was a brokerage...they were not a bank
> and
> there was never any "run" on any bank going on.
>
> these are all short seller lies by s*** who short indexes and
> these related stocks...
Comix, pay attention:
Bear Stearns is an investment bank, and there was a run on it.
That is so, according to Bear Stearns head of risk management for
Europe and Asia:
``It's publicly known that a lot of individuals in the company own a
good part of the company so we clearly believe there was value in the
organization, but when there is a run on the bank there's nothing you
can do. I guess we have to grin and bear it and move on to a strong
partner****p with JPMorgan.''
quote by Mr. Kanwardeep Ahluwalia,
Bear Stearns head of risk management for Europe and Asia
Bloomberg Television March 17, 2008
http://www.bloomberg.com/apps/news?pid=20601170&refer=home&sid=asNrIu2S3odw
(note: If this gentleman's name is any indication he's likely of
Indian ancestry and has brown skin; you may expect to hear more
nonsense from S4B's like comix that he's a terrorist or that he is
socialist s*** etc etc ad nauseum.)
Well, they don't call him Comix for nothing. Such nonsense is comical,
but not nearly as comical as the notion that short selling is for
's***', that bearishness is unpatriotic, and that buying DXD is for
socialists.
However, short selling makes an im****tant contribution to the market.
It provides liquidity, drives down overpriced securities, and
generally increases the efficiency of the markets.
http://www.investopedia.com/university/shortselling/shortselling4.asp
In fact, Marvin Pierce Bush, the youngest brother of President George
W. Bush is a short seller.
Currently, Marvin Bush is a Co-Founder and Managing Partner at the
investment firm Winston Capital Management, located in McLean,
Virginia. He has ****tfolio manager duties at Winston.
From the Company website:
"Winston's hedge fund products seek to provide individual and
institutional investors with diversified exposure to hedge funds.
Winston manages several funds of funds, which are multi-manager
****tfolios of hedge funds. We focus exclusively on fundamental,
research-driven "long/short equity" hedge fund strategies."
http://www.winstonpartners.com/investments.html
If short selling is for 's***' then why does President Bush's family
do it?
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..d
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