Yes, it\’s icky, capitalistic, so they\’re going to ban naked short selling.
Restrictions on ‘naked short-selling’. Traders will be required to show they have borrowed, or arranged to cover, an instrument before shorting it.
And we get this news on the very day that a short seller has made pots of money out of discovering a fraudulent company listed on the NYSE.
Look, I\’m sorry, I know that this peace in our time in Europe thing is all very powerful but why does preventing Germany from invading France again have to involve being ruled by complete and total cretins?
Can we leave yet?