Accidentally Released – and Incredibly Embarrassing – Documents Show How Goldman et al Engaged in ‘Naked Short Selling’ | Matt Taibbi – Rolling Stone


In other words, 107% of all Overstock shares available for trade were short – a physical impossibility, unless someone was somehow creating artificial supply in the stock.

Read Article.

You can read the actual motion here. Pay attention to pages 14 – 18.

You can see an amazingly accessible discussion about the practice of ‘naked short selling’ and why you should be pissed by the CEO of Overstock.com, here.

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