c1ee (November 30, 1999 at 12:00 am)

Only if you take a collective stance with EVERY other short sellers not to buy the stock until it's worth pennies. Never going to happen. It's the classic prisoner's dilemma. Someone will want to cash in on their short selling by buying the stock, and hence raising demand and price.

skatinsince97 (November 30, 1999 at 12:00 am)

i know over all killing is wrong but i wish we could all rise up and kill the gov.i would not feel bad about killing the people trying to be god.living under the bigest headed people just is getting insane i really feel that others are having the same feelings that im going through.we are all one and i think thats were my feeling comes from.we are all scared because if we did try to kill of the gov we would have to get ahold of any world bombs ect to were none would be used against anyone.

nicuss123 (November 30, 1999 at 12:00 am)

Yes, I'll buy it back, soon as the price gets to pennies and the company is bankrupt. Problem is, at that point my buying doesn't help jack, because everyone already knows the company is bust and there's no way to get the stock price back up to save the company.

c1ee (November 30, 1999 at 12:00 am)

"When nobody wants to buy, short sellers wouldn't buy either;" No, if you are a short seller, you have an IOU to the real stock holder, so you are forced to buy the stocks back, so you would even if you have to take a loss to do it.

VideoFreakerz (November 30, 1999 at 12:00 am)

this isn't looking good

retstterb21 (November 30, 1999 at 12:00 am)

There actually are short sellers. The SEC has made an exception for Market Makers, who can use their short sales to make demand dry up, then, take down prices without any company on the short side. When the eventual selling begins, the market makers can buy to cover at a profit. This is basically another gift to Wall St.

mandynshane (November 30, 1999 at 12:00 am)

Foreign banks may get help In a change from the original proposal sent to Capitol Hill, foreign-based banks with big U.S. operations could qualify for the Treasury Departments mortgage bailout, according to the fine print of an administration statement Saturday night. The theory, according to a participant in the negotiations, is that if the goal is to solve a liquidity crisis, it makes no sense to exclude banks that do a lot of lending in the United States. Treasury Secretary Henry Paulson

rayofpith (November 30, 1999 at 12:00 am)

Obviously, treasury will pay more than the bad instruments are worth (by at least enough to make the banks solvent and, hopefully, actively lending).

darkbit1001 (November 30, 1999 at 12:00 am)

No, this wont work out well. But I wander how this is going to infect inflation stability? Can the FED just PRINT ALOT MORE MONEY again?

simplenothing (November 30, 1999 at 12:00 am)

Excellent commentary. Thanks for sharing.