• 30 Jul 2008 at 2:50 PM

Silence!

By

The China Securities Regulatory Commission has ordered domestic fund managers to not publicly badmouth any Chinese stocks, in an effort to maintain stability “for the sake of a harmonious and successful Olympic Games.”** This is a great idea and one that SEC chairman Christopher Cox would be wise to emulate, though, not being able to trust Wall Street to listen to him ought to think about the old sock in mouth, duct tape around face method which would be both an effective means of policing and amusing to all. Perhaps even pleasurable to some (you know who you are).
So far the moratorium on negativity hasn’t done jack, with the Shanghai Composite Index continuing to fall since the CSRC laid down the law but these things take time. And in other China-getting-psyched-for-the-games news.
China Muzzles Its Money Managers [Portfolio]
**Loophole: it said nothing about privately bashing your company of choice via well-timed IMs along the lines of whatever is Chinese for: “I’d sooner give my daughter a presumably lead-laced Barbie doll than give this company my money.”

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Comments (15)

  1. 1
    Posted by guest | July 30, 2008 at 3:00 PM

    is it wrong to be turned on by Bess making writing this “… old sock in mouth, duct tape around face…”

  2. 2
    Posted by guest | July 30, 2008 at 3:03 PM

    oh and just to get it out of the way- Mayo

  3. 3
    Posted by guest | July 30, 2008 at 3:04 PM

    #1, yes.

  4. 4
    Posted by CalgarySchmooze | July 30, 2008 at 3:05 PM

    China has regulators? Or are you referring to the army?

  5. 5
    Posted by guest | July 30, 2008 at 3:05 PM

    mayo dbag– can you give us an honest and intelligent reason for why you won’t SHUT THE FUCK UP with the mayo posts? i’m willing to listen.

  6. 6
    Posted by guest | July 30, 2008 at 3:07 PM

    china is going to blow up so fucking hard.
    i just hope a war doesn’t come out of it.

  7. 7
    Posted by guest | July 30, 2008 at 3:08 PM

    @1– no, but you have to admit that you’re into having socks in your mouth, which is weird.

  8. 8
    Posted by guest | July 30, 2008 at 3:10 PM

    Still waiting on some sort of blurb about the gas man giving the shot out to DB today

  9. 9
    Posted by guest | July 30, 2008 at 3:11 PM

    @3:10– why are you obsessed w/ db acknowledging that cg mentioned them?

  10. 10
    Posted by guest | July 30, 2008 at 3:15 PM

    #4, heard the one about arguing on the internet and the Special Olympics?

  11. 11
    Posted by guest | July 30, 2008 at 3:18 PM

    I guess the going rate is one American consumer nightmare = one Chinese mfg plant owner “suicide.”

  12. 12
    Posted by guest | July 30, 2008 at 3:46 PM

    Merrill = Chinese government
    -DK

  13. 13
    Posted by guest | July 30, 2008 at 4:44 PM

    @12. Temasek is Singaporean, not Chinese. Get a clue.

  14. 14
    Posted by guest | July 30, 2008 at 5:06 PM

    Dealbreaker is just like China. They took some of me mayo comments off. Whaaa you bunch of babies. Free speech? not on deal breaker. You can curse, and make crude sexual jokes but God forbid you talk about Mayo.

  15. 15
    Posted by guest | July 30, 2008 at 6:12 PM

    #10, even if you win, you’re still retarded?

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