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Jon Stewart on Jim Cramer: more right than funny

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Uploaded by on Mar 13, 2009

Learn more about the effects of abusive short selling at http://www.stpadvisors.com/Audio/STP2006Oct.php

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Uploader Comments (EconLaw2009)

  • "DTCC Clarifies Work Experience of Former DTC Employee

    NEW YORK--(BUSINESS WIRE)--March 14, 2006--The Depository Trust & Clearing Corporation (DTCC) issued a statement to correct inaccurate information that has appeared in the press and has been represented on Web sites and in public forums regarding the purported work experience of a former employee at one of DTCC's subsidiaries.

    Susanne Trimbath has never been an official of DTCC or any DTCC subsidiary or predecessor company. "

  • Nice cut & paste job! Makes it look like I never worked there at all!

    I was director of transfer agent services, a middle management position in operations, with Depository Trust Company in New York, which is now a subsidiary of Depository Trust and Clearing Corporation. I also worked at Pacific Depository Trust Company and Pacific Clearing Corporation in San Francisco.

  • The heart of the problem lies in the "self regulatory organizations". Professor John Coffee, of Columbia, put it quite clearly in his testimony at the Senate Banking Committee hearing "Enhancing Investor Protection and the Regulation of Securities Markets" (March 10, 2009). He said, "Self regulation simply does not work." Bernie Madoff was an executive at two self-regulatory groups: NASD and NSCC (London).

Top Comments

  • Wow - this chic is scary looking. Whats with the scarf? Those diplommas look fake too.

  • Gibberish.

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All Comments (13)

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  • Haha --- guess those diplomas are fakes!

  • There have been claims that Ms. Trimbath is an expert on clearance and settlement and the Stock Borrow Program. The Stock Borrow Program is now, and was at the time of Ms. Trimbath's employment at DTC, operated by the National Securities Clearing Corporation (NSCC), a separate company from DTC. In fact, Trimbath's employment at DTC pre-dates any corporate affiliation between DTC and NSCC, and predates the formation of DTCC.

  • You should seriously consider learning how to spell.

  • U can get them off the intarwebs! LOL

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