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This page contains all of the posts and discussion on MemeStreams referencing the following web page: SEC Temporarily Blocks Short Sales of Financial Stocks. You can find discussions on MemeStreams as you surf the web, even if you aren't a MemeStreams member, using the Threads Bookmarklet.

SEC Temporarily Blocks Short Sales of Financial Stocks
by noteworthy at 9:33 am EDT, Sep 21, 2008

The SEC issued a temporary ban on short sales of 799 financial stocks on Friday, a move against traders who have sought to profit from the financial crisis by betting against bank shares.

"The commission is committed to using every weapon in its arsenal to combat market manipulation that threatens investors and capital markets," said the S.E.C.’s chairman, Christopher Cox.

Those damned bears ...

Like sea lions snacking on Columbia River salmon, it's not the entire bear species causing problems. Bark-peeling is a learned behavior.

"One bear will teach another bear, and then that bear will do it. There are bears that peel and bears that don't peel. We target peeling bears."

Fortunately we've solved that little problem ...

Homer: Not a bear in sight. The "Bear Patrol" is working like a charm!
Lisa: That's specious reasoning, Dad.
Homer: [uncomprehendingly] Thanks, honey.
Lisa: By your logic, I could claim that this rock keeps tigers away.
Homer: Hmm. How does it work?
Lisa: It doesn't work; it's just a stupid rock!
Homer: Uh-huh.
Lisa: But I don't see any tigers around, do you?
Homer: (pause) Lisa, I want to buy your rock.


 
RE: SEC Temporarily Blocks Short Sales of Financial Stocks
by Decius at 11:21 am EDT, Sep 21, 2008

noteworthy wrote:

The SEC issued a temporary ban on short sales of 799 financial stocks on Friday, a move against traders who have sought to profit from the financial crisis by betting against bank shares.

Nicely done!


 
 
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