Browsing Tag
DTCC
13 posts
The Final Word on Gary Weiss and Wikipedia
One of the strangest things I’ve ever seen is how Gary Weiss deals with getting caught in a…
July 14, 2008
DTCC caught covering-up
There has been much speculation as to the root of Gary Weiss’s abiding interest in the personalities voicing their objections to the practice of illegal naked short securities trading.
In February of 2007, some felt that question was answered in the form of a minor yet tremendously significant incident from which it could be fairly deduced that Weiss was, on the morning of January 19, 2007, using a computer on the network of the Depository Trust and Clearing Corporation (DTCC).
Unsettled Trades: Jobs Destroyed, Firms Ruined, Pensions Looted
The proliferation of unsettled trades in a firm’s stock disrupts the market’s ability to find the true market-clearing…