panic

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Lessons from the FALL

Some investors escaped unscathed. How did they do it?

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Bad ideas and sacrificial lambs

Following in the misguided footsteps of market regulators in Britain, the U.S. SEC is instituting a “temporary ban” on short selling in the U.S. markets.  In a week of depressing, frightening bad ideas, mindless grandstanding, and scapegoating, this may stand out as the worst example of panicked non-thinking.

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Turn out the lights…

the panic’s over….For a day at least.