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Wednesday, May 19, 2010

Gov't stupidity: Germany to ban short selling at midnight tonight

...[T]he German Finance Minister will institute a short-selling ban at midnight.

[T]his is huge, as it means the market will become massively dislocated once again. We can show charts of how Thailand, US and Greek markets reacted when this was introduced (short jump followed by significant slide lower), but you get the image.

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