Shane: > How this is supposed to stabilize the market eludes me.
Me, too. More importantly, this is the worst "short squeeze" of all times. Those who went short before the ban now have to cover their short positions, and if they cannot, what happens? Tom was right: the distinction between stabilize and paralyze is quite thin. While you try to stabilize one side of an already unstable thing, you may paralyze another side. Let us see what happens Monday. Now that the institutional and retail money market funds are saved, we will see what happens to hedge funds, which were experiencing a run even before the money market funds. Who is going to bail them out? Best, Sabri _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
