Word: rumorings
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...buzz. The New York Times’ Maureen Dowd, in a September 9 column asked, “Does she really think Adams, Eve, Satan, and the dinosaurs mingled on the earth 5,000 years ago?” Matt Damon added to the debate, and an Internet rumor was off and running.However, this rumor is much different than some previous rumors such as Barack Obama being a Muslim or Palin banning books, which the USA Today determined to be false. Unlike book banning or religion which you can verify with library and church records, there...
Cohen did not know what to think. "I'm really confused because this is not the first time I have heard this rumor," he said that afternoon. "Obama doesn't really speak much about supporting Israel...
...this year, Cox has also come under fire for not acting more quickly to curb short sellers - investors who borrow shares and make money when a stock's price drops. After certain financial stocks started diving over the summer, and market players and attorneys began ringing alarm bells about rumor-mongering, the SEC temporarily banned a particularly aggressive form of short selling in 19 financial stocks. A new ban, which prohibits all types of short selling for some 800 financial stocks, went into effect on Sept. 19 and lasts until...
...upside of the ever churning online rumor mill is that it does justice to those subjects who have come by their bad reputations legitimately. "Every fraudster in the world thinks that we're here to help them out, but we're not," says Robert Russo, CEO of Defend My Name. For bad guys, the megaphone of the Web can be a very useful thing. For everybody else, it's nice to know that when the virtual community starts to whisper, you can now shout back...
Short sellers borrow stock and sell it, essentially betting that the price of their target company will fall before they have to replace the borrowed shares. They have been disparaged as vultures, rumor mongers, cheats and criminals. But they have not, by and large, been wrong in their choice of targets. Bear and Lehman died because they were undercapitalized. Merrill's own mismanagement helped to chase it into the arms of B of A. Yet in the case of AIG, the argument is that the company would have remained afloat had its stock price not been driven down, which triggered...