News Focus
News Focus
Followers 705
Posts 22420
Boards Moderated 2
Alias Born 05/09/2001

Re: None

Thursday, 03/06/2003 11:22:58 PM

Thursday, March 06, 2003 11:22:58 PM

Post# of 49
Other news.





Spitzer Still Eyeing Short Seller Effort

Mar 5, 2003 (financialwire.net via COMTEX) -- (FinancialWire) New York State Attorney General Eliot Spitzer told hedge fund managers Tuesday that his department is not looking at the kind of regulatory action that has befallen investment banks.

Nevertheless, the Attorney General and other regulators are continuing to look into Gotham Partners, which distributed suspect critical reports on MBIA, Inc. (NYSE: MBI) and the Federal Agricultural Mortgage Corp. (NYSE: MBI) that observers have said helped create artificial and possibly manipulative short selling in those two companies.

The MBIA and Farmer Mac are among 62 companies that are associated on one side or another of a growing national problem that last week saw an SEC fine of $1 million for manipulative short selling, and an effort by the Depository Trust Corporation to enforce "regulatory" actions it has now admitted in an SEC filing it had no authority to enforce.

The complete list of the 62 companies now associated on one side or another of the naked short seller controversy includes A.G. Edwards, Inc. (NYSE: AGE), Federal Agricultural Mortgage Corp. "Farmer Mac" (NYSE: AGM), Allied Capital (NYSE: ALD), American Motorcycle (OTC: AMCYV), American International Industries (OTCBB: AMIN), Ameri-Dream (OTCBB: AMDR), Bluebook International (OTCBB: BBIC), Blue Industries (OTCBB: BLIIV), Bentley Communications (OTCBB: BTLY), Biocurex (OTCBB: BOCX);

Also, Critical Home Care (OTCBB: CCLH), Composite Holdings (OTC: COHIA), Edgetech Services (OTCBB: EDGH), Endovasc Ltd. (OTCBB: ENVC), Enviro-Energy Corporation (OTCBB: ENGY), Environmental Products & Technologies (OTC: EPTC), FreeStar Technologies (OTCBB: FSRCE), GeneMax Corp. (OTCBB: GMXX), Global Path (OTCBB: GBPI), Goldman, Sachs & Co. (NYSE: GS), Group Management (OTCBB: GPMT), Hop-On (OTC: HPON), H-Quotient, Inc., (OTCBB: HQNT), International Biochem (OTCBB: IBCL), Intergold Corp. (OTCBB: IGCO), InternetStudios, Inc. (OTCBB: ISTO), ITIS Holdings (OTCBB: ITHH), Jag Media Holdings (OTCBB: JGMHA), Knight Securities, LP (NASDAQ: NITE), Lair Holdings (OTCBB: LAIR), MBIA (NYSE: MBI);

Also, MetaSource Group, Inc. (OTCBB: MTSR), M. H. Myerson & Co., Inc. (NASDAQ: MHMY), Midastrade.com (OTC: MIDS), Make Your Move (OTCBB: MKMV), MSM Jewelry Corp. (OTC: MSMJ), Nutra Pharmaceutical (OTCBB: NPHC), Nutek (OTCBB: NUTK), Pitts & Spitts (OTCBB: PSPP), Sales OnLine Direct (OTCBB: PAID), Pacel Corp. (OTCBB: PCEL), Presidential Air Corp. (OTCBB: PDAR), PayStar Corporation (OTCBB: PYST), Petrogen Corp. (OTCBB: PTGC), PrimeHoldings.com, Inc. (OTC: PRIM), Reed Holdings (OTC: RDHC), Rocky Mountain Energy Corp. (OTCBB: RMEC), Sedona Corp. (OTCBB: SDNA), Sionix Corp. (OTCBB: SINX);

Also, Soundcomm Technologies (OTC: STEH), Sports Resorts International (NASDAQ: SPRI), Technology Logistics (OTC: TLOS), Ten Stix, Inc. (OTCBB: TNTI), Tidelands Oil (OTCBB: TIDE), Toronto-Dominion (NYSE: TD), Trezac Corp. (OTCBB: TREZV), US West Homes (OTCBB: USWH), Vega Atlantic (OTCBB: VATL), vFinance, Inc. (OTCBB: VFIN), Vtex Energy (OTCBB: VXEN) and Wizzard Software (OTCBB: WIZD).and WorldTradeShow.com (OTC: WTSW).

The daily electronically distributed FirstAlert Network may be accessed at www.investrend.com/contact.asp .

Clickable links for FinancialWire news are at www.financialwire.net . For FinancialWire audio news, click on partner ON24 at www.on24news.com . For a downloadable traffic report toolbar, visit download.alexa.com/?amzn_id=investrendcom-2




To succeed in life. Share your wealth. Help others. God Bless.

EZtradin

Unleash the power of Level 2

Spot liquidity moves with access to US order books.

Sign Up