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Subject:  Re: SEC bans short-selling Date:  9/20/2008  12:58 AM
Author:  Starrob Number:  237 of 5166

Interesting part of the show Fast Money as it concerns the government bailout and the short selling ban:

"The Future of the Bailout
Tim Seymour joined the traders to talk about the future role of the government bailout. Seymour joked that the Fed will insure good weather this weekend and personal happiness. He says that as a manager, you have to evaluate where there's been a real policy shift or a quick reassessment of fundamentals that may not have changed. "What we have seen over the past few days is that there are policies in place that provide a different type of backstop," he added. He said he has turned to getting more net long, out of fear of short-covering. Icahn said he doesn't understand why the government has to come in to be the buyer of last resort in the CDO market. Macke said we become Pakistan this week, because it outlawed short-selling last June. However, since that time, the Pakistan stock market has fallen even lower."
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