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To: KeepItSimple who wrote (152278)2/19/2002 8:06:45 PM
From: Tom Smith  Read Replies (1) | Respond to of 436258
 
washingtonpost.com



To: KeepItSimple who wrote (152278)2/19/2002 10:05:00 PM
From: At_The_Ask  Respond to of 436258
 
From "wall street and Lombard street" written around 1932.

Around Nov. 1930:

" It was reported at the time that president Hoover was conferring with NYSE athorities to see if it was possible to check the actions of bears or to put them out of business altogether." There were many other references to attempts to ban shorting or "bear selling" but I am unwilling to hunt them all down at the moment. Eventually the NYSE( I believe) made it mandatory for all members to report daily who was short of what and how much. I don't think I'd feel too comfy shorting like that. May well happen again.

The Herald Tribune reported, "We are witnessing a striking refutation of the argument that easy money alone will create and maintain a strong bond market." Anyone heard the whining lately about corporate bonds?