The U.S. Securities and Exchange Commission took what it called "emergency action" on Friday and temporarily banned investors from short-selling 799 financial companies.
The temporary ban, aimed at helping restore falling stock prices that have shattered confidence in the financial markets, takes effect immediately.
http://biz.yahoo.com/cnnm/080919/091908_sec_short_selling.html
Today the shorts get their head ripped off!
Hedge Funds- they tried to take down the world!
ReplyDeleteWith Swaps and naked short selling they were actually doing it.
The Hedge Funds withdrew 180Billion yesterday- all the while they were shorting the entire banking sector- they wanted a World Wide depression.
We need to see Hedge Fund perp walks here.
Hang Seng- it hit 16k yesterday- a few weeks ago (in august) it was at 23K- but it had already fallen from 32k!
The naked short selling hedge funds have caused massive catastrophic damage.
In the span of a few days they took LEH AIG FRE FNM down- these were some of the largest companies on earth- and they wanted more!
You said it!!!
ReplyDelete