July 23, 2008
I feel Wachovia Bank should be put on the list to stop naked short selling. I own quite a few shares which are held in my retirement accounts as I retired from Wachovia after their purchase of SouthTrust Bank. Every day I read on their message board of people shorting and I feel they contributed to the stocks decline. The up tick rule should be reinstated and the naked short selling rule should have been enforced as I understand it was already a rule.
Please stop these people from destroying a company due to their own greed. The Bank has enough problems without the added short sellers. Thank You, Pam LaGrone