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JPM MS GS BAC HIG
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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...
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HIG
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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...
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HIG
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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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