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Post # 1
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Join Date: 27 Apr 2010
Location:  KuwaitPosts: 303 |
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What Will German Short Ban Mean for Investors? |
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German Chancellor Angela Merkel said Wednesday that the "euro is in danger" and warned that if the "euro fails, Europe fails."
That was the reasoning behind a German government decision to ban naked short selling of German bank stocks, euro-zone bonds and credit default swaps. But the decision prompted further selling of the euro overnight and analysts said it will have little or no effect on investors' ability to go short. |
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