Date: 2011-09-29 04:16 pm (UTC)
matgb: Artwork of 19th century upper class anarchist, text: MatGB (Default)
From: [personal profile] matgb
The Porsche thing misses a bit though, from memory, a lot of the stock the funds were borrowing in order to short sell was owned by Porsche front companies, which was more than a bit dodgy, and some of what they were doing has now been banned because, well, it was only technically within the rules.

It is, however, a bloody good example I've used before on the "short selling is evil" lobby, as it's just another way of trading. And a perfectly legit one, really.

Date: 2011-09-29 03:48 pm (UTC)
From: [identity profile] bracknellexile.livejournal.com
It's OK, Sulu's got Don's new invention covered.

Date: 2011-09-29 05:02 pm (UTC)
From: [identity profile] philmophlegm.livejournal.com
I posted about that Porsche thing a couple of years ago:
http://philmophlegm.livejournal.com/71887.html#comments

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