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NEW YORK — New York State is launching an investigation into whether some traders used illegal tactics to drive down the stock price of several Wall Street firms.
Attorney General Andrew Cuomo told reporters Thursday his office has received a “significant number” of complaints about short sellers, or investors who hope to profit by placing bets that a financial company’s stock will fall. Short-selling is not illegal. But Cuomo said he will focus on whether short sellers engaged in conspiracy or spread rumors and bad information to influence the stock prices of Lehman Brothers Holdings, American International Group, Goldman Sachs Group, Morgan Stanley and other firms that have been hammered in the ongoing financial crisis. For the rest of the article: Tactics of Wall St. traders scrutinized : Business : The Buffalo News
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A panda walks into a cafe. He orders a sandwich, eats it, then draws a gun and fires two shots in the air. "Why?" asks the confused waiter, as the panda makes toward the exit. The panda produces a badly punctuated wildlife manual and tosses it over his shoulder. "I'm a panda," he says at the door. "Look it up." The waiter turns to the relevant entry and, sure enough, finds an explanation. "Panda. Large black-and-white bear-like mammal, native to China. Eats, shoots and leaves." |
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Pioneers are walking all around singing songs about Lenin and they should be shot for it. Handlebars "If you are looking for the guilty, you need only look into a mirror"- V It is inaccurate to say that I hate everything. I am strongly in favor of common sense, common honesty, and common decency. This makes me forever ineligible for public office. H. L. Mencken come on you know you wanna play football.. Beagán agus a rá go maith. Economic Left/Right: 3.75 Social Libertarian/Authoritarian: -2.87 |
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