What have you always wondered about the economy? Tell Us
Marketplace Off Air

Think about this for a second…

Kai Ryssdal Oct 1, 2008

The CEO of the New York Stock Exchange said today he thinks the SEC’s going to extend some kind of short selling protection to all publicy trade companies.

That’d be a biggie. It would mean, in some variety, that you can’t bet a stock’s going to go down.

Background: A couple of weeks ago the SEC decided to protect about two dozen financial firms from short sellers. The argument was that naysayers were doing damage to the larger markets by shorting, say, Lehman and Merrill Lynch. Ten days ago it expanded that list to more than 700 “financial” companies, “financial” being defined very loosely. Now, perhaps, all the companies on the Big Board. More to come, I’m sure.

Marketplace is on a mission.

We believe Main Street matters as much as Wall Street, economic news is made relevant and real through human stories, and a touch of humor helps enliven topics you might typically find…well, dull.

Through the signature style that only Marketplace can deliver, we’re on a mission to raise the economic intelligence of the country—but we don’t do it alone. We count on listeners and readers like you to keep this public service free and accessible to all. Will you become a partner in our mission today?

Your donation is critical to the future of public service journalism. Support our work today – for as little as $5 – and help us keep making people smarter.