Shorting the Shorts
20 November 2008Today, Citigroup begged the U.S. government to reinstate the ban on short selling in the financial sector. CNBC ran an interview piece on shorts yesterday, with experts generally agreeing that drops of over 15-20% per day in a stock was not because of value, but could only be because of shorting.
A day earlier, a US [...]
DC Comments
2 July 2008I am prevented from writing about my experiences last week as a guest of the Australia America Leadership Dialogue by the rules of the meeting (everything was off the record). Having said that, there are a few things I can probably say without violating those rules. To wit:
1. The whole experience was well run and [...]
Off to DC
21 June 2008Tomorrow morning I leave for most of a week in DC, as a guest of the Australian American Leadership Dialog. Having selected Australia as the country with the greatest promise recently, I’m looking forward to meeting the new members of the Australian government, my fellow members of the AALD, and to having more fun with [...]