Recent News: GE Added to Short-Shelling Ban List

General Electric Awarded “No-Short” Status (GE)
It looks like more wishes are being granted in the government’s seemingly arbitrary “live and let die” financial rescue plan.Companies like General Electric (GE), American Express (AXP), General Motors (GM), and several foreign banks were also included on the exclusive “no-short” list over the weekend. Many of these companies had been very proactive in stating their case to be offered protection from what the government would have America believe are bloodthirsty hordes of short sellers....

More companies added to short-sale protection list
The number of companies temporarily protected from short selling soared from 799 to more than 900 on Monday as the two top stock exchanges added widely traded firms, including American Express (AXP), General Electric (GE) and General Motors (GM), to a list that the SEC put out on Friday....

Ahead of the Bell: GE up after short-selling ban
Shares of General Electric Co. jumped Friday after the Securities and Exchange Commission temporarily banned short-selling of some stocks. On Friday, the SEC banned short-selling of nearly 800 stocks. Short-selling - selling borrowed stock in the hope its value will fall - has been blamed for widening the scope of the recent financial crisis and contributing to the collapse of values of investment and commercial bank stocks in particular....

Amex, GE and others may seek to be on short-seller ban list
Companies in the financial-services sector that were left off a government list banning short sellers from trading certain stock may be seeking inclusion...