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Valentines Day Short Seller Massacre Plot Uncovered

poster Roger Corman The St. Valentines Day Massacre.jpgHow bad must things be up in Armonk?

It’s usually a sure sign of deep trouble when a company blames short-sellers or runs crying to lawmakers for protection. MBIA has announced plans to do both. It’s asking lawmakers to investigate or curtail “the unscrupulous and dangerous market manipulation activities of short sellers,” according to a written copy of testimony it plans to give to the U.S. House Committee on Financial Services that Reuters obtained.

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  13 February, 2008| Economy | @ 21:45

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