The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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From: Smiling Bob	8/11/2008 7:29:56 PM
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Spoiled banks want the best of both worlds. In their never ending mission to protect the investing public, their greatest concern is "short and distort" campaigns taking stock prices down. But they have no problem with analysts pushing stocks up with nothing but hot air, hearsay, inferences, and innuendo Need an example of their fine work? See today's AMZN release from Citigroup. Stock up 13% at one point on nothing but BS. As a bonus, anonymous authors via supposed neutral AP source graciously embellish and project more phantom positive comments . "Amazon shares rise as analyst raises Kindle forecast, others release positive notes" biz.yahoo.com --- Banks renew plea for expanded short sale rule Thu Aug 7, 2008 5:54pm EDT WASHINGTON (Reuters) - A banking group has renewed its plea to the Securities and Exchange Commission to broaden a rule aimed at curbing abusive short selling and market manipulation. The American Bankers Association, a trade group which represents banks of all sizes, said on Thursday that distort-and-short campaigns push stock values below what market and bank conditions warrant.

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