The SEC just put out a press release detailing the temporary ban on short selling of a huge list of financial stocks. I took the liberty of copying & pasting the text of the PDF that lists all the stocks that can’t be shorted from now until October 2, 2008. The list , which is [...]

I just got wind of the latest absurdity being kicked around by the SEC — they’re allegedly thinking of banning short-selling all togetherr: Amid the spiraling market crisis and mounting pressure from lawmakers, the Securities and Exchange Commission is considering taking the dramatic step of temporarily banning the routine practice of betting against company stocks. [...]