Financial Terrorism?
CNBC - The damage being done to stocks through short selling, where Wall Street’s most legendary institutions are losing value at alarming rates, could be the work of financial terrorism.Cramer’s been talking to the short sellers he knows, and that’s the theory they’ve been putting forward. His sources said that it’s doubtful that the market’s traditional short sellers are behind the negative action we’ve seen lately. So there is the possibility that someone else has been trying to wreak havoc in the markets
There could be some truth to this, but if J.C. knew the right guys (his "sources"), he would make better market calls. Nevertheless, expect it to be an animated topic of discussion.
There could be some truth to this, but if J.C. knew the right guys (his "sources"), he would make better market calls. Nevertheless, expect it to be an animated topic of discussion.
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on Thursday, September 18, 2008 at 9/18/2008 09:52:00 PM.
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