GE, IBM on "Do Not Short" list?

Wednesday, September 24, 2008 | 11:33 AM

General Electric has managed to weasel its way onto the DO NOT SHORT list.

This answers the question many people have been asking for years: Is GE an Industrial or a Financial?

I can see GE, with its giant black box hedge fund, as a financial. But somehow, IBM has also gotten itself deemed a financial!

Why, because they finance purchases? So does Cisco, Lucent, EMC, SUN, and all the other big tech companies.

WTF is that about? Are they next on the do-not-short list?

Wednesday, September 24, 2008 | 11:33 AM | Permalink | Comments (45) | TrackBack (0)
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Comments

They are not financials but in the TBTF category that Barry created. (Too Big To Fail)

Once the floodgates are open on Oct 2 they will close the shop for a week

Posted by: Ali Saygin | Sep 24, 2008 11:43:52 AM

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