Friday, August 12, 2011
Friday Link: Taking it in the Shorts
My link for Friday is this Bloomberg discussion about several European countries banning short selling in their stock markets. "Unintended consequences" is only the beginning of a discussion of why this is a bad idea (and note that the topic of "unintended consequences" is discussed explicitly in the article). How about: "May have the exact opposite effect as intended." Or, as I read yesterday, (and I apologize for not writing down the author of the quote), "This is like unhooking your heart monitor because you don't want to hear bad news."