November 20, 2008
We all know that the government is concerned about the current stock market volatility and decline. It is common knowledge that the "shorts" are at it again and will destroy Citibank as they have destroyed Bear Stearns and Lehman Brothers. As an example, in a short period of time, the Pro Shares Ultra Fund, (a "short" fund), has soared from $100 to $260. This is evidence that you must re- instate the "Up Tick" rule to protect our country's failing financial system.
Very truly yours,
Marvin Dingott