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Short selling given government approval

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    #1

    Short selling given government approval

    April 17 (Bloomberg) -- U.K. Financial Investments Ltd., which oversees the government’s shareholdings in banks, is allowed to lend out the stock to short-sellers, who were only months ago attacked by politicians for destabilizing the banks.
    Bloomberg

    Made I larf it did.

    Waits for AtW to go into a paddy.
    How did this happen? Who's to blame? Well certainly there are those more responsible than others, and they will be held accountable, but again truth be told, if you're looking for the guilty, you need only look into a mirror.

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    Tags: None
    #2
    Not suprising really - the Govt made bigger mistakes than this, only this one is motivated by greedy City chums who make money on the misery of others, par for the course innit?

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