30 Stocks added to “Protect-me” list

September 22, 2008 10:15 am

According to CNBC, 30 stocks have been added to the list of companies that are now banned from short trading. This is obviously the result of a good amount of lobbying and fear.

(See the ORIGINAL LIST)

From CNBC:

The New York Stock Exchange said Monday it will ban short-selling of 30 stocks with large financial services operations.

These stocks were not included in a list of 799 stocks temporarily banned from short-selling that was issued by the Securities and Exchange Commission on Friday.

The action by the NYSE follows a new order by the SEC that grants each national securities exchange the authority to identify additional listed companies that meet certain criteria.
As a result of this action, the following companies are being added to the list:

  1. LG……GLG Partners Inc.
  2. GE……General Electric Co.
  3. OCN….Ocwen Financial Corporation
  4. KBW….KBW, Inc.
  5. GFG….Guaranty Financial Group Inc.
  6. MFG…. Mizuho Financial Group, Inc.
  7. FMR…. First Mercury Financial Corporation
  8. STC….Stewart Information Services Corporation
  9. FCF…. First Commonwealth Financial Corporation
  10. MTB…M&T Bank Corporation
  11. DFS…Discover Financial Services
  12. BMO….Bank of Montreal
  13. TD….. Toronto Dominion Bank
  14. CM…..Canadian Imperial Bank of Commerce
  15. FMD….The First Marblehead Corporation
  16. BBV…..Banco Bilbao Vizcaya SA
  17. CIB….. BanColombia SA
  18. LM….. Legg Mason, Inc.
  19. NFP…..National Financial Partners Corp.
  20. AXP…..American Express Company
  21. CIT….. CIT Group Inc.
  22. GM…..General Motors Corporation
  23. HIG…..The Hartford Financial Services Group
  24. ADS…..Alliance Data Systems Corporation
  25. ALD….. Allied Capital Corporation
  26. RAS…..RAIT Financial Trust
  27. DRL….. Doral Financial Corporation
  28. FSR……Flagstone Reinsurance Holdings
  29. MCO….Moody’s Corporation
  30. COF…..Capital One Financial Corporation
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