Team Hedge Fund

“Let me be clear on this. I am not opposed to short selling. It is a trade that has many legitimate uses. It is naked short selling that lends itself so readily to abuse, particularly when there are not limits on position sizes and massed selling to drive down prices. The deregulatory movement, based on such lofty principles, has become nothing more than a means to a fraud, systematically knocking down all the regulatory safeguards that were put in place to protect the public during the Great Depression.”
Go to Source

Related posts:

1. Senator’s concern may complicate Wall Street bill vote
2. Obama Signs Historic Wall Street Reform Bill
3. Big Pay Packages Return to Wall Street
4. What’s missing from Wall Street reform
5. Why Wall Street Reform is Stuck in Reverse