Z1P - Global Rebranding, page-193

less than $1m because of the loan fees and interest but yes essentially

seems a lot of effort to go to and a large corporate conflict of interest share market manipulation if ever there was one, for a bank to buy at market on behalf of a competitor, short the stock to a price they can offload to a competitor (at a loss)

a more plausible approach would be for the bank to buy the stock on behalf of its client, under tight contractual conditions, and collect comms and fees

regardless of what the stock does, it's on the banks client. if the client says short, then they will short etc, but again there would be a conflict of interest/ disclosure issue here

whilst a bank may have bought stock on behalf of a client, in terms of shorting, I do not believe boa took Larry's loaned shares to short purposely to allow for a cheaper entry for one of their clients, who happens to be one of our largest competitors.

Larry and directors have a legal duty to act in the best interest of all holders and the company.