The Baloney Detection Kit
I just stumbled upon this handy-dandy "baloney detection kit" on the web, designed by the late Carl Sagan years ago to use in debunking charlatans.
Note its applicability to the anti-naked-shorting Baloney Brigade, which uses virtually all of these tactics in promoting their nonexistent scandal.
Someone should send a copy of Sagan's baloney-detection guide to Christopher Cox at the SEC, and also to state regulators, starting with Ralph Lambiase in Connecticut.
© 2006 Gary Weiss. All rights reserved.
Wall Street Versus America was published by Penguin USA on April 6.
Click here for its Amazon.com listing and here for more information on the book, from my web site.
Labels: naked short-selling