Short Selling Ban Could Be Extended Until After The US Elections
Posted on September 21, 2008 at 22:28 PM EDT
Every discouragement should be thrown in the way of men who undertake to trade without capital. Thomas Jefferson to Nathaniel Tracy, 1785 As Thomas Jefferson warned in 1785, when you let men make trades without the matching capital you are in for trouble, and trouble is what we have. Wall Street firms gambled with house money (your house) [...]