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News analysis: Shorting is not the problem for Citigroup
Radi Khasawneh
24 Nov 2008
As Citigroup became the focus of fevered speculation at the end of last week, its chief executive was quick to blame "rumour mongering" among market participants as the bank called for a ban on short selling to be revived. However, the latest data show the extent of stock held on loan for the purposes of short selling do not indicate that there has been an increase in this sort of activity on Citigroup's shares.
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Article tags:
Citigroup | Morgan Stanley | US