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Ok. You'll not only be killing the hedge funds but you'll also be killing the ETF issuers who needs to short sell in order to keep the ETF price in line with th
by furiouslol 18y ago
Ok. You'll not only be killing the hedge funds but you'll also be killing the ETF issuers who needs to short sell in order to keep the ETF price in line with the underlying basket of stocks (Some ETF issuers use OTC swaps but at the end of the rope, some party still need to short the stocks to keep the price efficient)
- fnazeeri 18y ago$200MM payout to top 3 MLCO exec? Seems like found money that ought to be taxed at something other than cap gains rate to me... http://www.americablog.com/2008/09/top-3-merrill-lynch-execs-to-receive.html http://www.americablog.com/2008/09/top-3-merrill-lynch-execs...
- furiouslol 18y agoI don't get it. What does that got to do with short selling? If they effect a blanket short sell ban, you're going to see quite a number of business going bust. The ETF business will be derailed. So will the options business. Companies shut down. People get laid off. If they really want to stop the carnage inflicted on the financials, the should just ban short sells on the financial sector alone.