CRISIS-ROOM daybyday: SEC short sell ban list: GM, Ford, GE, GM asks for $25bn

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CRISIS-ROOM daybyday: SEC short sell ban list: GM, Ford, GE, GM asks for $25bn

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CRISIS-ROOM  daybyday viewpoint solarlife

• Sept-24
  SEC  prohibited General Motors, Ford or General Electric short selling. Overall, 900 U.S. stocks included, financial system could destabilize.
• GM asking gov $25-billion incentive to build hybrid-cars.
• France, Germany refused to pay into Bad Bank of US FED
• Sept-21
  UK Government borrowing is out of control £43bn>£100bn 2009
  UK Lloyds Bank HBOS merger, 40 OOO jobs lost
  US national dept $10 trillion + 10% Bad Bank
• --------------------------------------------------------------------------------------
• US government  creates Bad Bank Sept-19
• US / UK limiting short selling, videoexplainer Sept-21
• Russian exchanges to resume trading Sept-19

• Update Sept-18:
  Russian stock exchange closed for 2nd day

Russia's stock market lost already 50% of it's value since beginning of the year; since 2 days the stock market is closed. Should the U.S. do the same ?

Russia will not use assets of the Reserve Fund for Finance market"Time hasn't come yet to spend Russia's oil and gas revenues this way," Putin said. The first auction for placing loans maturing in three months’ time will be held already next Monday.

Explainer:

- short-selling: speculating on falling share prices (like Goldman&Sachs on mortgage)