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Comments (52)
What Happened to the Fed's $1.816 Trillion Lifeline?
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Notice how the short-sympathizers always call everyone ELSE criminals?
Oct 02 09:26 am
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What Happened to the Fed's $1.816 Trillion Lifeline?
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Who do you think you're fooling?
This is totally disingenuous:
"...Notice that the ban on short selling didn't stop WaMu and Wachovia from falling 95% after the ban was put in place...."
Don't insult our intelligence. It's obvious the shorts destroyed, perhaps irreparably, confidence in the market.
By the time the ban went in effect, the blood had been drained from these entities.
The SEC needs a robust uptick rule that can't be thwarted by computer trading, and it needs to banish shorts, or at least curtail them severely.
Oct 02 09:23 am
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What Happened to the Fed's $1.816 Trillion Lifeline? [View article]
What Happened to the Fed's $1.816 Trillion Lifeline? [View article]
This is totally disingenuous:
"...Notice that the ban on short selling didn't stop WaMu and Wachovia from falling 95% after the ban was put in place...."
Don't insult our intelligence. It's obvious the shorts destroyed, perhaps irreparably, confidence in the market.
By the time the ban went in effect, the blood had been drained from these entities.
The SEC needs a robust uptick rule that can't be thwarted by computer trading, and it needs to banish shorts, or at least curtail them severely.