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Friday, September 19, 2008

The Federal Reserve Comes Up "Short". Good Move?

Read more from the Times.

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2 Comments:

Blogger David Adams said...

No, it's ridiculous. Short sales, even naked shorts, require a buyer who believes that the agreed upon price is low. This will stabilize the market about as well as printing more money will make us richer.

12:04 PM  
Blogger KYJurisDoctor said...

"... require a buyer who believes the agreed upon price is low".

Can you expand on that thought, David?

12:32 PM  

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