To: familyop
I understand the concern, but restricting short-selling is very much a way of saying you support “the free market,” except when you don’t like its outcomes...
8 posted on
10/09/2008 6:14:01 PM PDT by
seacapn
To: seacapn
sounds just like how freddie mac works. privatized profits and socialized risks
11 posted on
10/09/2008 6:22:59 PM PDT by
ari-freedom
(Betcha they're good. Why shouldn't they be? Their one mistake was giving up me!)
To: seacapn
"I understand the concern, but restricting short-selling is very much a way of saying you support the free market, except when you dont like its outcomes..."
It can be used for conspiracies to vandalize stocks and essentially steal from other investors. It's about as moral and free-market-worthy as using false environmentalist front-witches in commissioners' meetings to stop competitors' projects from starting, IMO.
But that won't matter much for the near future. Investment banking is going to China now. We'll see how the PLA deals with disruptions. Me...? I'll put my tiny little bits in deposit banks and do the building myself.
17 posted on
10/09/2008 6:49:31 PM PDT by
familyop
(cbt. engr. (cbt), NG, '89-'96, Duncan Hunter or no-vote)
To: seacapn
We might be talking about two different kinds and purposes of short-selling, BTW. I’m referring to pre-planned and coordinated group efforts that are executed only for the purpose of driving competitors’ stocks or natural resource commodities down.
20 posted on
10/09/2008 7:01:40 PM PDT by
familyop
(cbt. engr. (cbt), NG, '89-'96, Duncan Hunter or no-vote)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson