« Bananarama... | All Posts | Magazine Rack - Issue 311 » Gordon Brown: "We stopped the speculative trading in what you call "short-term sales", which was causing a lot of damage, and that made a difference overnight. And then America followed and then France and Germany… The right thing to do was to suspend and then to look at it during the course of the next few months and see what can be done. " (Andrew Marr show, 21 September 2008) Jack Straw: "What Gordon Brown has shown, with Alistair Darling, is first the foresight to put in place better measures of protection of our financial system and therefore for the British public than the Americans have done already, including this huge financial facility to the Briitsh banks and better regulation. And then very swift and decisive action for example on short selling to protect us better." (Today programme, 23 September 2008) Hector Sants, Chief Executive of FSA : "I had no pressure at all. I have had no calls from any member of the government or any civil servants in any way inquiring after the matter of our short-selling policy." (Sunday Times, 21 September 2008).
September 23, 2008
The truth on short selling
Tuesday, 23 September 2008
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