Market Downturn Spurs Involuntary Sto...

Market Downturn Spurs Involuntary Stock Sales

There are 5 comments on the www.findingdulcinea.com story from Oct 16, 2008, titled Market Downturn Spurs Involuntary Stock Sales. In it, www.findingdulcinea.com reports that:

Business executives admit to selling large stakes in their companies to cover debts to financiers in the latest wave of forced stock sales.

Join the discussion below, or Read more at www.findingdulcinea.com.

William

Lenni, PA

#1 Oct 16, 2008
More regulation please. I am sorry but human nature and greed will always drive things into the ditch.
Economista

Lenni, PA

#2 Oct 16, 2008
Well, the corporate bigwigs aren't really doing anything illegal, per se; however perhaps it's just not a good idea to buy millions of stocks on credit? Doesn't this parallel how we got into the whole asset-backed security mess?
McMillin and Son

Lenni, PA

#3 Oct 16, 2008
I'm sure Joe the Plumber wouldn't have sold his large stakes.
McSorely

Jackson, NJ

#4 Oct 16, 2008
Joe the Plumber doesn't have large stakes.
Louise

Lenni, PA

#5 Oct 16, 2008
"When company executives sell off shares in an emergency bid to shore up cash, it can stir trepidation among shareholders and spark a dash to dump shares even further."
So does this mean everyone else is going to dump their shares..what do the pundits think?

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