Source:
ReutersLONDON, March 23 (Reuters) - Regulators launched a public consultation on Monday to forge a global approach to regulating naked short selling, a practice critics have blamed for exacerbating slides in bank shares.
The International Organisation of Securities Commissions (IOSCO) recommended four principles for regulating naked short selling, whereby a dealer sells shares in a company without borrowing them first.
IOSCO said short selling helped create a "more efficient price discovery" in markets but there are concerns that in some extreme market conditions some types of short selling may contribute to "disorderly markets". (Reporting by Huw Jones)
Read more:
http://www.reuters.com/article/rbssFinancialServicesAndRealEstateNews/idUSLN30233720090323
"Do I Live in a Synthetic Reality?” Do-It-Yourself Home Test
March 21st, 2009 by Patrick Byrne
“The Matrix is the world that has been pulled over your eyes, to blind you from the truth.”
- Morpheus to Neo, The Matrix
It is the mission of DeepCapture to show you, dear reader, that the financial world you inhabit, a world vouched-for in dulcet Midwestern tones by actor-spokesmen you recognize and trust, a world inhabited by honest brokers looking after your money, brokers who interact through self-regulating exchanges overseen by diligent regulators, themselves overseen by elected politicians looking out for their constituents, themselves challenged by an adversarial free press maintaining a critical posture towards it all, is in fact a “world that has been pulled over your eyes, to blind you from the truth.” It doesn’t exist: it is a socially constructed reality designed to keep you complacent as you feed your savings to the machine.
And I can prove it. For that matter, so can you, right now, from your computer. To explain how, I must continue with reference to The Matrix.
There is a point in the movie where Neo and his comrades are walking up a staircase. Neo glimpses a black cat that disappears then reappears:
http://www.deepcapture.com/do-i-live-in-a-synthetic-reality-do-it-yourself-home-test/