How interesting!
This makes the case that while the SEC “banned” short selling on 700+ financial institutions last fall, 7 BILLION shares were in fact sold short.
Hmmm… remind me again of what we're paying the SEC for? And chairman Cox now claims the ban was the lowlight of his career. I wonder how many millions he'll make lobbying for a hedge fund when he is replaced by the incoming Obama.
http://www.deepcapture.com/940-million-holes-in-the-wall-whither-short-sale-ban/
Regards,
Trond
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