jmorace

Short Sale Ban: Learning From Mistakes

The protracted liquidations of the '30s were partially the result of under regulated, over leveraged 'trusts' that worked in collaborative wolf packs eeriely like the hedge funds today that do so much of this collaborative shorting and whispering to each other about who is 'going down.'

So, it continues now, as it was at the time of the corrective wave of regulations in the '30s, to be in the interests of individual investors to have restrictions on institutional short sellers.

It is always in the interests of individual investors to have robust regulations that prohibit the nonsense of these rumor mongering, tail-wagging, over-leveraged, cry-baby, self-important, big shots swinging other peoples money around. Remember, unlike individuals, there is no cost to them if they lose l money (they can get another job in a snap as they are considered "talent" on Wall Street), but great bonuses if they should luck out and make some.

The structural advantages of the institutional players must be reduced to allow the average guy to have a fiar shot. We are so far from that now --- America IS gangland Chicago.

Put the criminals in jail. Start over clean.