Basically a lawyer for Goldman Sachs and Merrill Lynch mistakenly leaked incriminating personal emails to the press from top executives who were participating in a highly illegal stock-counterfeiting scheme called naked short selling.
Well it was around during the Great Depression when people were literally counterfeiting stock certificates and it contributed, among other things, to that crash.
In a cautionary tale for small companies and investors, a professional gambler and convicted scam artist agreed to plead guilty to issuing nearly $16 million worth of counterfeit stock in an Orange County Internet start-up.
Usually a complicated and artistic design, it is meant to make the counterfeiting of stock certificates as difficult as possible.
When these were wilted and darkened in the herbal heat, I threw the peas in after them, along with a cupful of counterfeit chicken stock (it is only the French who affect disdain for the bouillon cube; the Italians, no slouches in the cucina, after all, are unapologetic about using dadi and so am I) and heated them through until warm.
Even the top banks are doing it and it's a practise akin to the counterfeit of stock in 1929 that helped sink the world economy.
MindArrow Systems Inc., recovering from a counterfeit-stock debacle early this year, said Monday that it has completed its purchase of a New York company in a deal that boosts the Aliso Viejo company's cash reserves to $4 million.
[C7.] Counterfeit Shares Are Discovered MindArrow Systems, a small software company, said that more than one million shares -- or 10percentt of those outstanding -- had been counterfeited by a stock transfer agent.
In this grand pulp adventure, set in a stylized city of labyrinthine slums and sumptuous pleasure palaces that suggests Berlin, Mabuse (Rudolf Klein-Rogge) practices psychoanalysis as a front for his criminal gang and their spectacular schemes, which involve a counterfeiting ring, vast stock-market manipulations, fleecing and scamming at high-end gambling dens, and murders as needed.
Ways in which Chinese are incorporating these cultural forms into the informal economy to get rich quick: rotating credit associations, stock market speculation, pyramid schemes, underground lotteries, counterfeiting.
