Later On

A blog written for those whose interests more or less match mine.

Big Players, Little Stocks, and Naked Shorts: Part 2 of Where Did the Money Go?

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Here is part 1. Part 2, by David Dayen in The Intercept. Their blurb:

A self-appointed stock sleuth finds financial giants trading extensively in little penny stocks like the one he owned that tanked. And he learns something amazing: Some brokers can sell shares that don’t actually exist.

Continue reading.

Written by LeisureGuy

23 September 2016 at 6:24 pm

Posted in Business, Law, Technology

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