It’s getting really hard to work up righteous indignation over this shit every single morning so please excuse the halfhearted tone of this one. SHLD, chaired by Eddie Lampert– as in the founder and CEO of ESL Investments– has seen its application to the ‘no short’ list accepted. Additionally receiving the protection o’ Cox this morning, though in the sub-category of “WTF are you doing here” as opposed to “Gutless Hypocrites” are Wright Express Corp, ZALES, Apartment Investment and Management Co, Autonation, Grubb & Ellis, and Hersha Hospitality Trust.

Comments (26)

  1. Posted by StupidEquityGuy | September 26, 2008 at 10:25 AM

    He should have his black hat removed at the next hedge wizards convention…

  2. Posted by guest | September 26, 2008 at 10:25 AM

    let’s not joke here – there’s enough pissed off out-of-work folks that something like this could happen.

  3. Posted by guest | September 26, 2008 at 10:27 AM

    @2– there’s more to the headline…do a google search on eddie

  4. Posted by guest | September 26, 2008 at 10:30 AM

    I bet the Overstock.com guy is getting carpal tunnel syndrome.

  5. Posted by guest | September 26, 2008 at 10:31 AM

    Don’t short me bro!

  6. Posted by Phobos | September 26, 2008 at 10:34 AM

    I’m just gonna toss this out there:
    I will Rape any man who has hurt any of us, you know, for the team.

  7. Posted by cheesedog | September 26, 2008 at 10:37 AM

    Zales is crucial to the US economy. It would present systemic risk if the stock dropped. Where would mallrats buy their 1/4 carat engagement rings? I think Orange Julius should be on the list also. Nice work SEC……so proud of you.

  8. Posted by Henry Ryecroft | September 26, 2008 at 10:38 AM

    Ah, language can be such fun. DSGV now trying to put customers at ease, since WaMu was referred to as a “Sparkasse”.

  9. Posted by guest | September 26, 2008 at 10:47 AM
  10. Posted by guest | September 26, 2008 at 10:50 AM

    This short ban is working wonders for liquidity and it’s totally making the market go up…oh wait…

  11. Posted by guest | September 26, 2008 at 10:53 AM
  12. Posted by guest | September 26, 2008 at 10:54 AM

    Did they catch the kidnappers?

  13. Posted by guest | September 26, 2008 at 11:05 AM

    I thought Eddie was the next buffet? I don’t see Buffet begging to get BRK added to the endangered species list.
    SHLD must merge with K-Mart in order to survive.

  14. Posted by guest | September 26, 2008 at 11:11 AM

    Buffet must merge with the other “t” in order to survive.

  15. Posted by guest | September 26, 2008 at 11:12 AM

    The US must merge with Canada to survive.

  16. Posted by guest | September 26, 2008 at 11:18 AM

    Nooooooooooooooo

  17. Posted by guest | September 26, 2008 at 11:20 AM

    Bess- you going to do something on all the fails to deliver going on for shorts right now? Seems liek big PBs lending out stock but not delivering it to counterparties? How about LEH back office peeps not returning calls about trade breaks?

  18. Posted by guest | September 26, 2008 at 11:22 AM

    I will never reveal the secret ingredient in Orange Julius. I worked there in highschool and I am still sworn to secrecy.

  19. Posted by guest | September 26, 2008 at 11:24 AM

    Eddie Lampert is a huge Clay Aiken fan.

  20. Posted by guest | September 26, 2008 at 11:28 AM

    They will let anyone on the list wont they?

  21. Posted by StupidEquityGuy | September 26, 2008 at 11:38 AM

    @14,
    Buffet was an original member of the “Don’t Short Me” cry babies hiding behind the skirt of Cox…
    http://sec.gov/rules/other/2008/34-58592.pdf

  22. Posted by guest | September 26, 2008 at 11:40 AM

    He is a crabby pickle
    http://oddmusings.wordpress.com/

  23. Posted by guest | September 26, 2008 at 11:44 AM

    He is a crabby pickle
    http://oddmusings.wordpress.com/

  24. Posted by guest | September 26, 2008 at 12:11 PM

    # 3 – no shit sherlock. you’re not so good at implied understanding.

  25. Posted by guest | September 26, 2008 at 12:34 PM

    If gin merges with tonic, I will survive

  26. Posted by guest | September 30, 2008 at 11:59 PM

    Re:Headline-
    At 40,000 dollars, it was found he was highly overvalued.

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