Mon 29 Sep 2008
Thank God For the Short Selling Ban
Posted by RichSlick under Observations
[2] Comments
Geez, I shutter to think what would have happened without that short selling ban that was supposed to keep the market from crashing. The Dow tanked 777 points today and if the short selling ban wasn’t in place then I wonder if the Dow would have tanked 2000+ points.
Oh wait, there’s always tomorrow……. 
September 29th, 2008 at 8:26 pm
To be fair, the ban wasn’t on all short selling, just short selling a small handful of financial services firms.
September 29th, 2008 at 8:40 pm
900 firms is not that small of a handful of firms.