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.
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What Really Happened: Germany bans short selling of 11 top stocks
By mememan - Posted on September 22nd, 2008
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