--- In [email protected], "authfriend" <[EMAIL PROTECTED]> wrote:
>
> --- In [email protected], anony_sleuth_ff <no_reply@> 
> wrote:
> >
> > --- In [email protected], "authfriend" <jstein@> wrote:
> > >
> > > --- In [email protected], anony_sleuth_ff <no_reply@> 
> > > wrote:
> > > >
> <snip>
> > > > Which is crap. millions of investors keep their windfalls in
> > > > their accounts for decades.
> > > 
> > > I very seriously doubt anybody keeps $2.5 million
> > > just sitting, uninvested, in their account.
> > 
> > Well you are quite the non-worldy fool then.
> 
> Ah, and your evidence that lots of people keep as
> much as $2.5 million in their accounts for decades?
> (Putting it back into stocks to reap more profits
> would be "non-worldly"??)
> 
> > > But in any case, it appears to me as though the source
> > > is talking about those who profit illegally from
> > > insider info--"Take the money and run" before anybody
> > > notices.
> > 
> > Lynne Howard, a spokeswoman for the Chicago Board Options Exchange
> > (CBOE), stated that information about who made the trades was
> > available immediately. "We would have been aware of any unusual
> > activity right away. It would have been triggered by any unusual
> > volume. There is an automated system called 'blue sheeting,' or the
> > CBOE Market Surveillance System, that everyone in the business knows
> > about. It provides information on the trades - the name and even the
> > Social Security number on an account - and these surveillance 
> systems
> > are set up specifically to look into insider trading. The system 
> would
> > look at the volume, and then a real person would take over and 
> review
> > it, going back in time and looking at other unusual activity." 
> >
> > http://tbrnews.org/Archives/a048.htm
> 
> Just for the record, TBR News is an anti-Semitic,
> neo-Nazi-type site.  This particular quote (which
> was lifted, I believe, from the article I linked 
> to in the Sierra Times), is neutral in that regard,
> but you may have noticed that the TBR article itself
> claims the suspicious trades were made by Israelis.

OH MY! Then you are right. They must be NAZIs!! Anyone that criticises
an israeli or israel must be a full fledged NAZI. 

> 
> > And its quite hard to do so anonomously. Next to impossible.
> 
> According to the article at CNN.com:
> 
> One problem is that some of the more complex market transactions, 
> like short-selling of shares, are not directly visible to regulators. 

Short-selling is as visable as long positions. The talking heads at
CNN and FOX and other stations,reading the teleprompter that some
staffer or analyst pasted together 2 minutes earlier, is not always
deep truth. 

> But that doesn't mean there isn't a trail. Even shell companies can 
> be pried apart. 
 
So they are visible.

And who said the 2.5mil transaction was a shell company. All reports
are that it was an individual. 

> "Normally, shell companies, special banks, jurisdictional problems 
> are all set up to make a paper trail more difficult for regulators to 
> follow. The nature of this atrocity, however, is such that there are 
> signs that people who don't usually cooperate will cooperate this 
> time," says Jeffrey Robinson, author of "The Laundrymen." 

HUH

> 
> <snip>
> > > Did somebody say investigators could not trace
> > > the owner of the account?  Or did you make that up?
> > 
> > "The source and others in the financial industry speculate that the
> > purchaser or purchasers -- having initially assumed the money could
> > be picked up without detection -- now fear exposure"
> > [Judy's post]
> > 
> > I realize one has to use a modest amount of brain power here. Sorry
> > its over your head. Let me spell it out for you,step by step. 
> > 
> > 1) The unnamed sources speculated that the investors, by, 
> > withdrawing the money would reveal their idnetities.
> > 
> > 2) This is a silly argument in that the account owners in the US are
> > easily traced. See CBOT above
> > 
> > 3) The implied assumption of the unnamed sources was that #2 was not
> > true ---investigators could not trace
> > the owner of the account.
> >  
> > OK. Clear now?
> 
> Even *if* the accounts were easily traced (which the
> CNN article appears to contradict), 

CNN was not talking about this specific account. And they are simply
wrong about short selling being less visable.







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