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Archive for May 2010

Observations on Tuesday’s votes

Some quick observations about the results of the various elections that took place on Tuesday: Neither party can be said to have come out of it better than the other. The Democrats’ victory in John Murtha’s old House seat in western Pennsylvania, in particular, showed that it wasn’t an entirely Republican day, as some had […]

If you don’t know what to do, ban short-selling

German chancellor Angela Merkel joined the ranks of Western politicians who blame short-sellers for market woes. On Wednesday, the German government acted unilaterally to impose a temporary ban on “naked” shorting – that is, selling shares and bonds that are not owned or borrowed. Specifically, the ban is on sovereign defaults swaps, eurozone government bonds and […]

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