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billiondollarman

09/18/08 3:31 PM

#23021 RE: moneynmetals #23018

Money the only reason why Naked Shorts and Hedge funds should be scared is John McCain is down right now. Everybody is saying he is out of touch and he does not want to lose this. The point that he is taking aim at the SEC is going to make them jump thru hoops and they are going throw THE SEC or Hedge funds and market makers naked short sellers under the bus. The SEC is not going down so WE ALL KNOW WHO IS HAHAHA.
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billiondollarman

09/18/08 3:33 PM

#23025 RE: moneynmetals #23018

Look who else wants to ban short selling now hahaha..

The rule would be designed to ensure transparency in short-selling in general, beyond the practice of naked short-selling, Cox said in a statement issued Wednesday night. Investment managers with more than $100 million holdings in securities would be required to promptly begin public reporting of their daily short positions.

Sens. Charles Schumer and Hillary Clinton, New York Democratics, asked the SEC to temporarily ban all short-selling, not just naked short-selling, of stocks of major financial companies.