He’s a communist homo.
Interesting, thank you for telling me. But now onto the article; Is what he wrote inaccurate? Should I discount everything he writes?
I'll take your word for it. But it doesn't make him wrong about this. Naked Short Selling is not good for the financial markets. No trade should be allowed to fail due to naked short selling. The penalties on such failed trades should be huge.
Be that as it may, Glodman Sachs and the other large brokerage firms are not your friends. If it takes a commie homo to shed some light on the crony capitalism, backed up with subsidies coming out of your pocket when their trips to the roulette table go poorly, than so be it.
Every single one of the people we elect are essntially DC whores that are required to perform fellatio on these companies at every opportunity. That is what they have been paid to do. So the companies get to keep their profits, pay some hush money and offer up a sacrifice to a regulator every now and then (see “Harry Blodgett”), and get their losses made good by the very people they rip off (us). Pretty sweet system, but not what anyone with a sound mind would call a “free market” or “capitalism”.
You try to open a new brokerage firm or buy one from one of the small firm owners that are leaving the business in droves and let me how you get treated by FINRA and the SEC. Your small firm will get the attack dog treatment from them, while they acts as purse chihuahuas for the real crooks - and I count Goldman in the real crook category.