Investing through your Crime Family, you might buy stock from a Gangland short-seller from time to time. This con goes down in one of two ways, at least as explained to me by a mob informant with close ties to my mother who was a Saint.
One, the short-selling rat fink b#$%#?^ is pulling off a day trade. That way, you buy absolutely nothing but an entry in Syndicate books showing you have this stock the same way Bernie Madoff’s monthly account statements listed investments his clients never really owned either. Then, later in the day, rat fink covers his position by placing a buy order for the same amount of that stock. After closing, this real seller, the guy rat fink buys from, is matched with you, the guy rat fink sells to, and the real seller’s stock gets transferred into your Crime Family account.
Clean and simple, except for one thing. The whole deal is a fraudulent crock of s%#$. Rat fink didn’t own what he sold, and never represented what was really going on. Bloodbath Mary over at the SEC doesn’t think you need to know that you're doing business with a gangster or that the gangster you’re doing business with is trying to wipe out your savings. That he doesn’t own the stock, that he’s part of a wealthy cabal driving that specific company into bankruptcy, these things mean nothing to her. You’re being f&$#ed in that specific trade, and the Feds are covering your eyes with their hands so you can‘t stop it. Gangland stooges inside the regulatory agency charged with protecting the public interest are actually protecting the Dons.
Bernie has every reason in the world to wonder why we‘re picking on him.
In the second type of short-selling con, the rat fink b#$%#?^ holds an overnight short position of totally bogus play shares in the name of the stock he pretends to be selling to you. Here, that same Madoff accounting is used, only you don’t really own anything but phony shares after you buy this time. If your stock pays a dividend, RAT FINK HANDS YOU THE DOUGH. There’s a convoluted explanation of how this works called “payment in lieu of dividend”, and from time to time you’ll read that rat fink borrows stock from the Crime Family and pays them the dividend, and then they pay you, and why the people who write this stuff aren’t behind bars along with the whole freaking District of Columbia nobody seems to know.
Dividends on short-sold stock are created by short-sellers. Rat finks issue the fake play shares themselves and pretend to sell, so they have to pretend to pay phony dividends on your bogus shares too, and do. The various explanations are conjured up by mob mouthpieces IN LIEU OF THE TRUTH.
When you sell, the Crime Family lays one of their bribe-sponsored soft shoe routines on you, pulling the stock out of somewhere on the books, as a last resort posting phony shares in rat fink’s account against the phony shares in yours, reducing his overnight short position by that much and getting your records back into the real world.
As for borrowing short-sold shares from The Syndicate, show me a Family who lent short-sellers Bank of America stock in the 50’s and took those shares back at 3, and I’ll find you a rat fink b#$%#?^ at the bottom of the Hudson River with concrete shoes on his feet and 6 copper dum-dums in his head.
Rat fink b#$%#?^. I don't feel like writing any more. Rat fink b#$%#?^s. Rat fink b#$%#?^s. Rat fink b#$%#?^s. Rat fink b#$%#?^s.
