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A comment on Naked shorting: The curious incident of the shares that didn't exist (2005). Parent comment

Re:Naked shorting: The curious incident of the shares that d... by kleton on Sunday January 31, 2021 @05:29PM (#25983242)
> As announced on March 15, 2020, the Board reduced reserve requirement ratios to zero percent effective March 26, 2020. This action eliminated reserve requirements for all depository institutions.

https://www.federalreserve.gov/monetarypolicy/reservereq.htm

Not fraud though, because "When the president does it, that means it is not illegal"

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Re:Naked shorting: The curious incident of the shares that d... by arcticbull on Sunday January 31, 2021 @05:36PM (#25983299)
It’s not fraud in the same way going to prison isn’t kidnapping.
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Re:Naked shorting: The curious incident of the shares that d... by heavenlyblue on Sunday January 31, 2021 @06:14PM (#25983586)
It is when government is corrupt
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Re:Naked shorting: The curious incident of the shares that d... by arcticbull on Sunday January 31, 2021 @06:20PM (#25983633)
No. Lol. We’re talking about a strict definition here. You have other issues in that situation, though.
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