Washington’s ban on short-selling ended last night. Is it any surprise the markets plunged and General Motors (NYSE:GM) and Morgan Stanley (NYSE:MS) got crushed?
By Andrew Snyder
Baltimore – (TFN): Once again, you can thank Washington for today’s insane plunge on Wall Street. When the SEC extended its temporary short-selling ban last week, it did so [...]
© asnyder for TodaysFinancialNews.com LLC, 2008. |
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Post tags: financial news, general motors, gm, morgan stanley, ms, NYSE:GM, nyse:MS, short sellers