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This entry may just be a one-off, given that it was entirely unplanned, but Jeff Matthews posted in his blog today about a frankly sickening display on the Deep Capture site accusing hedge funds of effectively killing US soldiers in Iraq, and I felt very strongly the need to link it up.

The logic, if you can call it that, is that because a certain defense contractor appeared on the Reg SHO list at one point, its subsequent demise was caused by naked shorting, which meant that our soldiers were prevented from getting vital lifesaving equipment by hedge funds.

Not content to point out the post hoc ergo propter hoc fallacy, Jeff busts the the whole thing from beginning to end, far more thoroughly than I ever could, so I’ll just defer to him.

Now, I don’t currently intend this as a new direction for this blog, as I have no interest in scouring the Deep Capture website on any kind of regular basis for latest on whatever they’ve decided to puke up.  But, you know, if I hear things…

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