Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Real Man who wrote (371382)	7/15/2008 2:08:28 PM
From: Lucretius	Read Replies (2) of 436258

this is unamerican! WTF? NEWS ALERT from The Wall Street Journal July 15, 2008 The Securities and Exchange Commission announced an emergency action aimed at reducing short-selling in Fannie Mae and Freddie Mac stock, and will immediately begin considering new rules to extend those trading limits to the rest of the market. SEC Chairman Christopher Cox said at a Senate Banking Committee hearing that the SEC would institute an emergency order requiring any traders to pre-borrow stock before shorting Fannie Mae and Freddie Mac, the embattled government-sponsored entities that own more than half the nation's mortgages.

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