We adore our readers-cum-tipsters but people, please. Let's get our dyslexia under control and not spread rumors about JPMorgan removing itself from the protection of Cox 'n Co. when in fact the only institutions brave enough to have done so are Diamond Hill Investment group and boutique investment bankJMP.
Germans Ban on Naked Short-Selling Just Fueling More Fear
Say “auf Wiedersehen” to naked short selling in Germany. Because of “exceptional volatility” in euro-area government bonds and credit-default swaps, massive short-selling was leading to excessive price movements which “could endanger the stability of the entire financial system,” Germany’s BaFin financial services regulator said today.