THOUGHT FOR THE DAY!

Truth needs no law to support it. Truth is self-evident to all. Truth withstands re-examination. Truth survives questions. Throughout history, from Galileo to Zundel, only lies and liars have resorted to the courts to enforce adherence to dogma." -- Michael Rivero

 

Germany bans short selling of 11 top stocks

Following the example of the United States and Britain, Germany prohibited Saturday short selling of shares in banks till the end of this year. Short selling, a form of futures trading where investors assume a stock will decline in value, has been seen as causing the steep fall in market capitalization that wiped out three of the world's most powerful banks.

Webmaster's Commentary: 

This will collapse the hedge funds.

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