The government has basically admitted that these institutions are going to lose money by banning "naked short selling" on them. Given they are all financial institutions, I thought ward members might be interested in the list:
http://globaleconomicanalysis.blogspot.com/2008/07/sec-restricts-shorting-19-financial.html
Regular short sellers (not naked short selling) are betting $1 trillion on stocks going down
http://www.bloomberg.com/apps/news?pid=20601213&sid=abz3Png6wvrM&refer=home
The difference between Naked and Regular short selling:
http://www.washingtonpost.com/wp-dyn/content/article/2008/07/15/AR2008071502829.html
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment