glassbox

Hank Paulson: Leading Us to the Next Bull, Soon

I hope you are right!

Buffett Warned Us in 2003

Wall Street is ruled by a group of financial gangsters allowed to run wild in the name of free enterprise.

What do you get?

A big mess!

SEC Considering 'Market-Wide' Short Sale Rule

For those who have been following me, I am no proponent of short selling (naked or not) as I deem it the most non-value adding activity in the market and does not add to creating value/jobs and sustainable value in the long term. I certainly hope that SEC new rules will include disclosure of all short positions, disclosure of long positions lending out their scrips and also a fair mechanism in pricing scrip lending. At least, this way, so called 'legitimate' short sellers building huge positions will be exposed and precious management time of companies will be better utilised entertaining the right people.