European Tribune - Comments - Sunday Afternoon Open Thread

Sunday Afternoon Open Thread | 131 comments (131 topical, editorial, 0 hidden)

Re: Sunday Afternoon Open Thread (none / 0)

We declare that our bank-based (as opposed to market-based) financial system works well and we press on with deregulation and market liberalisation.

Hedge funds plan to sue FSA over short-selling ban - Telegraph

¨The FSA's remit is to maintain orderly markets - the markets were working fine, only the banks were going bust.¨

by ThatBritGuy (thatbritguy (at) googlemail.com) on Sun Sep 21st, 2008 at 05:28:02 PM EST
[ Parent ]

Re: Sunday Afternoon Open Thread (none / 1)

They have a point, you know? Short-selling is being blamed for insolvency which makes no sense. And, as I pointed out before, short-selling can be simulated with futures and options so the ban is just for show.

A vivid image of what should exist acts as a surrogate for reality. Pursuit of the image then prevents pursuit of the reality -- John K. Galbraith

by Migeru (migeru at eurotrib dot com) on Sun Sep 21st, 2008 at 05:38:35 PM EST
[ Parent ]

Sunday Afternoon Open Thread | 131 comments (131 topical, 0 editorial, 0 hidden)

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