4 ms·
I'm completely against it, but there is a theory that it was a stop-gap to what is being called a "financial" terrorist attack. Most of the short sales put on
by steveplace 18y ago
I'm completely against it, but there is a theory that it was a stop-gap to what is being called a "financial" terrorist attack.
Most of the short sales put on this month were from overseas, mainly coming out of London and Dubai. It's still a longshot conspiracy theory.
Even so, the broker/dealers and the SEC have been far too complicit in naked short selling. The rules against this have been in place for years, just never enforced.
Sources: http://bigpicture.typepad.com/ http://bigpicture.typepad.com/