29 July 2008

Somebody’s House is Burnin’ Burnin’

The AP reports, one hour ago:
SEC extends restrictions on short-selling
By RICHARD JACOBSEN – 1 hour ago
Federal regulators on Tuesday extended through mid-August a temporary order banning a certain kind of short-selling of the stocks of mortgage finance companies Fannie Mae, Freddie Mac and 17 large investment banks.
The Securities and Exchange Commission said the ban on [...]