Charles Gasparino Speaks Plain Truth, Dan Colarusso Prevaricates, & Becky Gets the Joke, CNBC Follows

Charles Gasparino reported on an upcoming Senate Judiciary Committee hearing to which he, evidently, had been invited to offer guidance.

Dan (“We have buckets of ink and barrels of cash to crush them”) Colarusso serves his normal obfuscatory function by confusing the legal act of shorting with the illegal act of naked shorting, spinning and downplaying (I call it the “short sellers build strong bones and teeth” speech).

Becky Quick lays off.

And then, when the news breaks of the NYSE following up with a crack-down of their own, the same morning gang which has derided, downplayed and covered up this issue suddenly is talking about “legal murder” of companies through stock manipulation.

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Charles ("Charlie") Gasparino, CNBC, April 26, 2006

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