Monday, January 5, 2009
FSA to end short selling ban
To retain the ban would have been market manipulation of the worst kind, we need mechanisms which expose over inflated equity valuations. If the government are in denial in a bear market this is no solution to their ills. The FSA should prove without doubt that it is, as is claimed, independent of political influence, this is one example where they have shown that John McFall is not entitled to have his own way.
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