Tag Archive | "bloomberg"

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Business Networks: Straight Talk

Posted on 20 October 2009 by gdp

More from iheartwallstreet.com 

It’s a sneak peek: They’re testing new software. (47 seconds, cute)

Network BS - Now in HD

 

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Uptick Rule: OH. My. God.

Posted on 25 February 2009 by gdp

Finally, someone is talking about the uptick rule being something that we should consider reinstating.

“In the kind of environment we have seen more recently” the so-called uptick rule “might have had some benefit,” Bernanke said in testimony before the House Financial Services Committee today.

Really?  You Think?!  You mean being able to non-stop short a stock with no systematic stop in place while major companies nosedive due to obviously huge short positions, might be hurtful when someone decides to do a bear raid?  Wait.  You mean hedge funds may be capitalizing on terrible sentiment by relentlessly hammering unchecked short sales?  Hmmm.

You know, the “wag the dog” tin foil hat wearing conspiracy theorist in me, wonders why such an obvious regulatory bogey wasn’t put to bed at the beginning of this mess.

At least they are talking about it now.  Bloomberg.

And here is one of the best articles i’ve seen on the Uptick Rule.  -From Across the Street.

Wikipedia: Uptick Rule.

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