July 16, 2008
Dear Sir, I strongly support the new short selling rule and would suggest that it be applied to insurance companies like AIG because in many ways insurance companies like AIG are also financial companies and play a very important role in the U. S. economy. If companies like AIG are allowed to be forced down by short sellers it might eventually lead to the impairment of their legal duties and responsibilities and maybe even bankruptcy. If that happens it will take years and billions of dollars to fix the problem. Don't let that happen. Take action now. Thanks. Best, Joe Napolitano