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Here's President Bush this morning (source White House website).

The Securities and Exchange Commission has issued new rules temporarily suspending the practice of short selling on the stocks of financial institutions. This is intended to prevent investors from intentionally driving down particular stocks for their own personal gain. The SEC is also requiring certain investors to disclose their short selling, and has launched rigorous enforcement actions to detect fraud and manipulation in the market. Anyone engaging in illegal financial transactions will be caught and persecuted [sic].

No we're talking! Let's make the shorts use separate water fountains.

Posted by edelfenbein at September 19, 2008 12:10 PM