Short Selling Ban Spreads Around the World
Earlier today, we looked at an October 18, 1930, NYT editorial on on Short Selling. As we now see via Google News, bad ideas are contagious:
• Germany restricts short selling of financials
• Netherlands bans short-selling
• Australian Regulator Extends Ban to 'Covered' Short Selling
• Dutch ban 'naked' short selling for 3 months
And in related news:
• Short-selling set to debut in Egypt as the West moves to curb it
See Jum Chanos's WSJ OpEd:
Short Sellers Keep the Market Honest
JAMES S. CHANOS
WSJ, SEPTEMBER 22, 2008
http://online.wsj.com/article/SB122204250955761325.html
Sunday, September 21, 2008 | 09:30 PM | Permalink
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First. Barry where are we going next in this mumbo jumbo world of linance???
Posted by: Aunit | Sep 21, 2008 9:41:42 PM
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