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Gold/Mining/Energy : Esprit Exploration Ltd.

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From: no1coalking	7/16/2008 7:46:38 PM
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Naked Shorting & Cox: CNBC Top Videos: Naked Shorts, Wells Fargo & More Topics:Earnings \| Earnings Edge \| SEC \| Stock Market \| Economy (U.S.) \| Economy (Global) Sectors:Oil and Gas Companies:Wells Fargo and CoBy CNBC.com \| 16 Jul 2008 \| 06:10 PM ET Font size: SEC's chairman Christopher Cox issued an emergency ruling against naked short-selling, and Wells Fargo WELLS FARGO & CO NEWWFC 27.23 6.72 +32.76% NYSE Quote \| Chart \| News \| Profile [WFC 27.23 6.72 (+32.76%) ] reported surprisingly strong quarterly results and raised its dividend. Following are the day's top videos: cnbc.com Cox on Naked Shorts “What we are particularly concerned about is the potential for there to be maliciously manufactured, false information that feeds into a run, which is furthered by not legal short selling, but illegal naked short selling." --Christopher Cox, SEC Chairman Wells Fargo CFO on Earnings “We have indicated, in at least the real estate parts of our portfolio, our losses will probably go up before they go down. If you can build a franchise of an organization, what happens when the cycle does turn—you have a stronger company.” --Howard Atkins, Wells Fargo, CFO EIA cnbc.com delete my post e-mail to a friend printer-friendly add post to favorites Views: 1

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