Wednesday, April 28, 2010

Greek Regulator Bans Stock Short Selling From Today (Update1)

Where have we seen this its the short sellers fault logic before? Some may remember that shorting financials was banned in the USA shortly after the collapse of Lehman.

Greece’s securities regulator banned short selling on the Athens stock exchange for two months from today as stocks around the world continued to fall after Greece’s credit rating was cut to junk.

Source: bloomberg.com

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