August 21, 2008
why dont you enforce the multiple leveraged lending of stocks by the investment dealers. and change it so they can only lend half of the actual security position held in house.... this simple change would curb the abuses.also a simple fix for the unrelenting shorting of the gses fnm ,fre would be to outright ban shorting in these companies until the housing crisis has passed and give the shorts 1 week to cover the shorts a similar precedent was done when the hunt brothers cornered the market in silver in the 80s. andrew