Welcome to the new version of European Tribune. It's just a new layout, so everything should work as before - please report bugs here.
And my point is that if the Swiss regulator has its eyes on the ball, it can kill the hostile takeovers during any the potential CHF panic dead by requiring cash settlement of all stock market transactions before they are valid. Which means that naked short selling counterfeiting CHF will not enable Mr. Buffet and his colleagues to buy up real assets in Switzerland. They will have to short using real money to provide for takeover bids. Which means they will have to go to the Swiss banking system, which is the only place on the planet that can make genuine Swiss money.

And the Swiss CB/financial regulator can grab the Swiss banking system by the short and curlies quite literally overnight.

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Tue Aug 16th, 2011 at 08:59:01 AM EST
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