Liberalism: Do You Agree We've Had Enough of It? Message Board

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Politics : Liberalism: Do You Agree We've Had Enough of It?

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To: Geoff Altman who wrote (35410)	7/18/2008 7:12:53 PM
From: Ann Corrigan	of 224748

Short Pakistan<g>:Pakistani Investors Stone Karachi Exchange as Stocks Plunge By Farhan Sharif July 17 (Bloomberg) -- Pakistan investors stormed out of the Karachi Stock Exchange, smashed windows and cursed regulators after the benchmark index fell for a 15th day, the worst losing streak in at least 18 years. ``I have lost my life savings in the last 15 days and no one in the government or regulators came to help us,'' said Imran Inayat, 45, a protester and a former banker who retired early and said he lost 300,000 rupees ($4,175) on the market. Police surrounded the exchange after hundreds of investors stoned the building and shouted anti-government slogans. They directed their ire at the government and Securities and Exchange Commission of Pakistan, which this week removed a 1 percent daily limit on price declines. The measure was aimed at halting a slide that wiped out $30 billion of Pakistan's market value in three months, threatening to undo a 14-fold rally since 2001. bloomberg.com

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