HIG Message Board

 

Denis Hetu
12/06/08.11:15.AM

Analyst Coverage I agree 100%. I find your website v...

113

 

Perry Rod
11/03/08.1:27.PM

Analyst Coverage "Hartford is financially strong and w...

259

 

Perry Rod
11/03/08.1:10.PM

Analyst Coverage So Moody's downgrades one notch and H...

77

 

Reggie Abaca
10/31/08.1:26.PM

Analyst Coverage October 31, 2008 9:33 AM EDT Citi mai...

131

 

Perry Rod
10/31/08.12:28.PM

Analyst Coverage Get this: Moody's Investors Service s...

73

 

Mahyar Hashemi
10/31/08.12:23.PM

Analyst Coverage Hate to say it, but I gotta agree her...

82

 

Reggie Abaca
10/31/08.12:05.PM

Analyst Coverage The wolves are surrounding as Eric Be...

568

 

Reggie Abaca
10/31/08.11:43.AM

Analyst Coverage Eric Berg, a Barclays analyst in New ...

121

 

Mahyar Hashemi
10/30/08.7:54.PM

Analyst Coverage Deutsche Bank analyst Darin Arita als...

142

Hartford Financial Services Analyst Oversight

 

Darin Arita
HIG

Moderated By
Mahyar Hashemi

 

Eric Berg
HIG

Moderated By
Reggie Abaca

 

Moody's Investors Service
HIG

Moderated By
Perry Rod

 

Joshua Shanker
MS HIG

Moderated By
Reggie Abaca

 

Jeff Harte
MS DB GS HIG

Moderated By
Perry Rod

Hartford Financial Services Featured Analysis

 

Naked Short Sellers Attack Citigroup

by Reggie Abaca, Published: November 21st, 2008 7:22 PM CST

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 correctly again and again the market's new primary targets for a flood of short sales, which now require no uptick rule and in many cases are likely not even borrowed shares.

Hartford (HIG) Financial Services is now under $5 and Morgan Stanley (MS) is fighting to hold $10.  But the new target is the giant Citigroup which in five days has lost nearly two thirds of its value.  At under $4, it is a disgrace to watch and be a part of a capital market that is allowing nerdy unethical Wall Street gangster to destroy the world economy. 

Even former SEC Chairman Harvey Pitt stated last night on television: “naked short selling is what’s causing a lot of the problems in the market.”

SEC Chairman Christopher Cox should be in jail for this willful neglect.  It is a travesty for our history books.  It is a national disgrace that it has come to this and still there is no enforcement of rules and no sufficient regulation on short selling.  And where are the exchanges?  Why hasn't the New York Stock Exchange put in stringent rules to curb the abuse of short selling?  Indeed, they have not seen more than one initial public offering in months.  Why would a private…

Hartford Financial Services SELECTED ARTICLES

 

Naked Short Sellers Attack Citigroup
America's financial system is a mess and the U.S. Securities and Exchange Commission is...

 

Hartford's CEO Comes Out Swinging
"Hartford (HIG) is financially strong and well capitalized," Hartford Chief Executive R...

 

After The Fact Analysis
The wolves are surrounding as Eric Berg, a Barclays analyst in New York, said it was "l...

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