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Reuters: NY joins NJ pensions in bid to starve short sellers

Started by chris, September 19, 2008, 03:00:37 AM

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chris

NY joins NJ pensions in bid to starve short sellers
      


NEW YORK (Reuters) - New York state's pension funds on Thursday joined other public pensions that temporarily stopped lending bank and brokerage stocks to short sellers, the state comptroller said, saying he wanted to starve "this speculative fire."
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