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All short-sellers of Fannie Mae and Freddie Mac must pre-borrow stock before shorting the shares of either of the mortgage-finance giants.
Vincent Ryan, CFO.com | US
July 15, 2008
There have long been rules against naked shorting. Only when the receipient brokers start demanding timely delivery ("where's my shares") will this have any chance of working.
Posted by Roland Cycan | July 16, 2008 09:33 am
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