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Comment by pclmulqdq

6 months ago

The few firms (market makers) that are allowed to short naked pretty much always deliver.

1 comment

pclmulqdq

Reply

weard_beard  5 months ago

By “cheque kiting”. Trading back and forth perpetually with colluding firms to perpetually “deliver”, eventually landing these phantom shares in offshore swap agreements where reporting has conveniently been perpetually delayed.

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