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...

Hartford's CEO Comes Out Swinging -11/03/08 at 1:28 PM CSTby Perry Rod

"Hartford (HIG) is financially strong and well capitalized," Hartford Chief Executive Ramani Ayer said in a statement. The statement followed an announcement Friday by Fitch Ratings that it was lowering Hartford's default rating to A from A+, and its insurer financial strength ratings of Hartford's primary life and property/casualty insurance subsidiaries...