In a seemingly direct inverse of the price move, the volume of shares being borrowed has also climbed by 30% since the rumour, while the cost borrowing Netflix stock jumped from just 0.78% on an annualised basis, to 4.4%.
As events turned out, Stiglitz was wrong on everything: growth rates, borrowing rates, stock prices, etc.
As Rob Wherry explains in Wall Street's Next Nightmare, short-selling is supposed to involve the borrowing of real stock certificates.
Some companies have taken issue with how this stock borrowing program is run, saying it can be used for manipulative purposes.
It also runs a stock borrowing program for member firms that are engaging in short-selling or other market-making activities where borrowing securities becomes necessary.
The bill attempts to compromise by allowing the government to issue extra permits, but only by borrowing from the stock allocated for future years.
Trade deficits are usually capital surpluses, a good thing because they lead to low borrowing rates and higher stock prices.
The alleged method: borrowing shares of restricted stock in several small companies to use as collateral for loans without telling the banks the shares were borrowed.
Since there is very little available float, it appears that some of these shorts are naked (which means they improperly shorted the stock without borrowing the shares first).
And while the Fed's low interest-rate policies are intended to boost borrowing, spending and stock prices, they also hurt millions of retirees and others who depend on income from savings.
Luteijn visited Lewis at his office in Redmond, Wash. and advised him to exercise his options and hold on to Microsoft stock, borrowing from Merrill to cover the costs, says Lewis.
Inflation has also prompted a massive amount of borrowing for corporate takeovers and stock buybacks.
Then came the 1970s, with the rise of Germany and Japan during a time of higher fuel prices, inflation, a bad stock market and skyrocketing borrowing costs.
Without worries about money, without a job, and with extra space in the garage to grow food and invent, these people forgot about the stock market, stopped borrowing money, even forgot how to shop in short they stopped being American.
The current rules don't require the brokers to fix the trades by buying shares to cover their short positions after 13 days, they merely say that if the trades aren't fixed, the broker can't do any more short-sales in that security without borrowing or arranging to borrow the stock.
Such mutual funds take in money, not by borrowing, but by selling shares of stock.
Bond investors have worried most about countries with big borrowing needs adding to an already high stock of debt.
ECONOMIST: Europe's financial crisis: The spectre that haunts Europe | The
Just to remind of what is being shown, this is what factors led to what amount of extra borrowing (and thus increase in the stock of debt) in recent years.
Stock investors have been reassured by declines in borrowing costs for countries such as Italy and Spain, a sign lending jitters are waning.
Pre-borrowing is a much firmer commitment and eliminates the probability that a stock lender will lend out the same shares to several different traders.
Not only has the little-guy investor joined the stock party, but they are doing so with gusto and borrowing money to do it, lured by the prospect of Dow 20, 000.
The banks get to deduct the "dividends" of their trust-preferred stock as interest expense (thus lowering the after-tax cost of borrowing) and get to count it as capital.
WSJ: For Investors Seeking Income, Preferred Stock May Make Sense
Around 40 of the 120 trusts ran into severe difficulties due mostly to stock market falls, as well as high levels of cross holdings and high borrowing to invest in other companies.
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