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Subject:  Re: SEC bans short-selling Date:  9/19/2008  11:19 PM
Author:  TMFOtter Number:  232 of 5166


I got what you were saying. :-)

I'm not sure whom they were trying to protect. The companies and their shareholders, ostensibly.

One trouble I have with this is the LACK of similar concern the government showed when prices were running extremely high for assets.

Where was the cavalry when housing prices got to be out of control? Or where were they when oil prices were so low that exploration companies refused to lift a finger to find more?

It's an unequal set of regulatory priorities, purpose made to pander. I guess that's my problem with this whole thing, no will among our elected officials to treat the symptoms, and a willingness to run roughshod over people and their property rights when the house of cards (whatever it may be) collapses.
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