Subject: File No. S7-20-08
From: Mark S Lippiatt, Mr.

August 21, 2008

Please eliminate short selling on all stocks. Companies stock prices are being manipulated by hedge funds and large institutions and the public is picking up the tab. Many citizens are affected through retirement funds and pension plans. The retail investor is being slamed while wall street gets away like a bandit. This is legal robbery and you are allowing it to happen. The financials are just the tip of the iceberg and if Fannie and Freddie go under, the tax payer will be left holding the bag while Wall street yet again robs the country.

If you dont want a stock, dont but it. If you do, but it, but under no circumstances should they borrow my shares, drive down the price, buy them back, take the profit and my stock is down the drain.

Question: Can you go into a bank and state you wnat to borrow someone elses money and tell the bank you will pay it back later. No way. But those banks expect us to allow them to get away with the same. Stop all short selling immediately. It is ethically wrong and shame on you for allowing such a practice to go one to the point where it collapses our entire financial system.