Thanks Ian, that ads to the explanation quite a lot....So Bush was the President at the time.. I wonder how many of his cronies .....opps, I can't do politics. Just about forgot.
I didn't realize just how much the short selling had to do with the market collapse. One would think that the rule would be reinstated, as I think it probably does way more harm than good. And the good is likely for those that have the kind of money sitting there, that they can afford to cover a large short for some time.
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