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jollyreaper2112

(1,941 posts)

1. easy

Reply to yurbud (Original post)

Thu Mar 13, 2014, 12:04 PM

Mar 2014

Can someone explain to me why shorting like this is legal?

Because it makes certain scumfucks a shit-ton of money. That's why it's legal. It's not right, but that has little to do with the law these days. Just like letting congresscritters inside trade. If the king does it, it's legal.

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Highlight:

hedge fund manager wants to short Herbalife, gets FTC to probe whether they're a pyramid scheme [View all] yurbud Mar 2014 OP

easy jollyreaper2112 Mar 2014 #1

it shouldn't be is because it's infinitely easier to break something than to make something yurbud Mar 2014 #2

So are there are a lot of examples of this kind of thing happening with other companies? (nt) Nye Bevan Mar 2014 #7

Where have you been? Hassin Bin Sober Mar 2014 #11

how is wall street NOT a casino? pansypoo53219 Mar 2014 #3

I know jollyreaper2112 Mar 2014 #4

and the gamblers mostly have the courtesy not to act morally superior yurbud Mar 2014 #6

Jim Kramer explained the game quite well Oilwellian Mar 2014 #5

I'm not sure how this is being framed so that the scam artists running the pyramid scheme selling LeftyMom Mar 2014 #8

Wow, this is very misleading Samantha Mar 2014 #9

Herbalife appears to be a pyramid scheme taught_me_patience Mar 2014 #10

I did. I don't care if the company lives or dies. My points were that it takes a Wall Street yurbud Mar 2014 #12

Ackman could have just as easily gone after Avon or any number of other companies Samantha Mar 2014 #14

kill something that isn't dying a natural death. yurbud Mar 2014 #15

That is not quite true, and I did read his presentation Samantha Mar 2014 #13

I heard the NPR piece as well and here is what I found really disturbing. pa28 Mar 2014 #16

I missed the bit about Sanchez--not surprising from a corporate Dem though yurbud Mar 2014 #17