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Naked Short Sellers Attack Citigroup -11/21/08 at 7:22 PM CSTby Reggie Abaca

America's financial system is a mess and the U.S. Securities and Exchange Commission is to blame. Short sellers, in a concerted effort to defend themselves and abuse the lack of regulation by the SEC, are now targeting Citigroup (C) while our financial journalists, analysts and government regulators continue to do nothing. At Market Rap we've pointed out...

HIG

After The Fact Analysis -10/31/08 at 12:09 PM CDTby Reggie Abaca

The wolves are surrounding as Eric Berg, a Barclays analyst in New York, said it was "likely" that Hartford Financial Services Group Inc. would be unable to sell itself or entice a private investor or the U.S. to supply fresh capital. "Our thinking is that it is more likely that Hartford (HIG)'s share price continues to sink," said Berg in a note to inves...

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