QUOTE(Newsfeed @ Sat 4th October 2008, 7:59am)
•More on wikipedia abuse
ZDNet -41 minutes ago
In the wake of the SEC’s crackdown, the mainstream financial press has acknowledged that widespread and deliberate naked shorting can artificially deflate ...View the articleThis article, which quotes the Reg article, opens up the subject to the wider issues here :
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In effect, the technical problem is that these networks combine extremely powerful manipulative tools with very weak controls, and the social problem is that people may be too busy, too uneducated, or too emotionally committed to fairly evaluate the information these sites provide.
Our recent study on the articles of US senators only underlines this problem. It's not naked short-selling, it's knowledge in general and what these sorts of sites do to distort our objective reality.