HOUSTON, Feb. 27, 2003 (PRIMEZONE) -- Tim Connolly takes on stock short sellers when he hosts "Corporate Strategies with Tim Connolly" this Sunday evening. The practice of selling securities short without possession of the actual borrowed securities is highly controversial and is the target of possible legislation.
"Short Seller Wars" features live commentary from CEOs, attorneys and professionals from nearly sixty companies involved in the naked short seller controversy. This special two-hour edition of Corporate Strategies is co-sponsored by The CEO Council (www.ceocouncil.net), Investrend Broadcast at (www.investrendbroadcast.com), and Princeton Research (www.princetonresearch.com).
We will take live phone calls from all interested parties, from market makers to investors at 1-877-266-7469 or listen live via the Internet at www.businesstalkradio.net or on over 275 local affiliates nationwide.
The Short Seller Wars have recently been the subject of several articles in the Dow Jones News Service and Reuters. Per Financial Wire News Service, the complete list of the 60 companies currently associated on one side or another of the naked short seller controversy includes A.G. Edwards, Inc., Federal Agricultural Mortgage Corp. "Farmer Mac."
"Corporate Strategies with Tim Connolly" is live talk radio ... with the Titans of Business who move financial markets! Hosted by Tim Connolly, CEO of Merchant Banker Corporate Strategies, Inc. The show routinely features financial experts with the latest intelligence on equities, income investments, and a variety of risk, equity and option strategies. Recent guests have included former SEC Chairman Arthur Levitt, former Compaq CEO Eckard Pfieffer, Money Manager Louis Navellier, and many others.
Co-Hosts with Tim Connolly will be Scott Eisler and Michael Kravitz, both Senior Vice Presidents of Wachovia Securities, the fifth largest broker-dealer in America.
The mission of the CEO Council is to provide a common voice and platform for officers and directors of public companies, and enable them to more effectively interpret and participate in the corporate governing and regulatory process to ensure compliance, to safeguard shareholder value and to clearly demonstrate a dedication to fair and ethical business practices. For more information on the CEO Council contact Stephen Day, Vice Chairman and Executive Director at 410 309 3302. (http://www.ceocouncil.net/)