Please help support WRH by visiting our advertisers!

THOUGHT FOR THE DAY!

" One in 10 chance perhaps, but save Chile! ... not concerned with risks involved ... $10,000,000 available, more if necessary ... make the economy scream."-- CIA Director Richard Helms, discussing plan to destabilize government of Chile under democractically-elected President Salvador Allende

 

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.

Comments