What is Short Selling And Why Must It Be Banned?
The US Securities and Exchange Commission on Friday temporarily banned short selling of shares in certain companies in emergency action aimed at boosting investor confidence amid financial turmoil.
I am not a stockbroker but let me give this a try. Short selling basically means that you sell stock that you don’t own. [...]
Wall Street in Despair
The latest collapses on Wall Street will no doubt stir up calls for more government regulation of financial institutions. Lehman Brothers is the latest Wall Street firm to go belly up with their filing for bankruptcy protection under chapter 11. Merrill Lynch was aquired by Bank of America because of the swift action [...]
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