Simply Politics & News

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A look back when Cox was Chairman. The Ban he put in place stipulates his reasoning behind it. The farce was the lifting of this ban 3 days after the bailout pkg was passed.

http://www.marketwatch.com/news/story/financial-stocks-surge-short-selling/story.aspx?guid={D9DCCA3C-6953-4C4D-917A-22890BA217A0}&dist=msr_4

The Securities and Exchange Commission early Friday issued an emergency order temporarily banning short selling in the shares of 799 financial institutions. See full story.
The ban takes effect immediately and runs until midnight on Oct. 2 but can be extended if deemed necessary to protect investors. It won't last more than 30 days, the SEC said

Short selling, in which traders bet against stocks, has become more competitive in recent years as hedge fund assets soar and managers proliferate. Short sellers borrow a stock, betting its price will fall. When they return the shares to the lender at the original price, they profit from the difference.

"Better put how far they take it down, and only then pay the price for the shares devastated from their activity".