Stock Market Summary: Shorting Ban In Place Means There Isn’t Much Buying Power
Posted on September 29, 2008 at 20:01 PM EDT
The markets gave a Bronx Cheer to the bailout proposal ???before??? there was even a congressional vote today. After the vote failure the ongoing sell-off intensified. My understanding, based on news reports, is that Speaker Pelosi made a tactless Bush-bashing speech before the vote took place needlessly offending wavering [...]