- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Rumors that the White House may ban short selling on bank stocks today
Posted on 5/5/23 at 7:27 am
Posted on 5/5/23 at 7:27 am
Presumably to stop the rapid collapse of regional banks.
Any of you ever seen this happen before? Maybe 2008/2009?
Any of you ever seen this happen before? Maybe 2008/2009?
14
Posted on 5/5/23 at 7:32 am to dewster
They should raise FDIC deposit limits up from $250K or offer additional insurance that can be purchased by people that have millions plus.
That would calm people and keep bank runs from happening
That would calm people and keep bank runs from happening
Posted on 5/5/23 at 7:34 am to dewster
They threatened it in 2009 but I think maybe only Europe went through with it, IIRC
Posted on 5/5/23 at 7:36 am to dewster
They can't. It's commerce.
Posted on 5/5/23 at 7:41 am to dewster
The fed is on the verge of inadvertently collapsing the regional banking industry all the while strengthening the grip of national banks. The conspiracy answer…either they’re being played or bought by the big banks …… or they are back ending there centralized currency..
Of course it could be just a natural ebb of our capitalistic banking industry.
Of course it could be just a natural ebb of our capitalistic banking industry.
Posted on 5/5/23 at 7:42 am to dewster
There are some really good videos on Youtube talking and explaining short and naked short selling. It's a scam the largest trading institutions do often. It's cheating and is responsible for ruining companies for nothing more than those greedy bastards to turn profit. There are already rules/laws but they do it anyway.
I don't think Congress will do anything more than talk about it or form a committee and take no action, certainly Wall Street has a strong lobby on Capital Hill.
I don't think Congress will do anything more than talk about it or form a committee and take no action, certainly Wall Street has a strong lobby on Capital Hill.
Posted on 5/5/23 at 7:43 am to TROLA
quote:
or they are back ending there centralized currency..
This is the answer. Everything is slowly being centralized, people are slowly being forced into big cities, into smaller living spaces, fewer cars to travel/live where you want, and they want the few people that do have cars to be under the control of the government (EV's are not about the environment, they're being pushed for centralized control).
Posted on 5/5/23 at 7:43 am to dewster
either short selling helps with price discovery and is a useful tool in a free market or it’s not. Carving out exemptions for certain sectors sounds ethically incoherent.
This post was edited on 5/5/23 at 7:46 am
Posted on 5/5/23 at 7:45 am to stout
quote:Simple easy and cheap. Three things government hates.
They should raise FDIC deposit limits up from $250K or offer additional insurance that can be purchased by people that have millions plus.
That would calm people and keep bank runs from happening
What’s the use of having an “emergency” if it doesn’t give government any new power?
Posted on 5/5/23 at 7:47 am to TROLA
quote:
inadvertently
Oh…I wouldn’t say that.
Posted on 5/5/23 at 7:50 am to Eli Goldfinger
quote:
Oh…I wouldn’t say that
Was thinking the same thing
Posted on 5/5/23 at 7:52 am to SlowFlowPro
They prevented it in 08.
I made over 480% profits in my WAL puts yest
I made over 480% profits in my WAL puts yest
Posted on 5/5/23 at 7:52 am to dewster
quote:
Presumably to stop the rapid collapse of regional banks.
Any of you ever seen this happen before? Maybe 2008/2009?
I’d love to know how they legally plan to do this.
The SEC banned naked shorts during the financial crisis, but regular shorting was still allowed.
Posted on 5/5/23 at 8:03 am to TROLA
quote:
The fed is on the verge of inadvertently collapsing the regional banking industry all the while strengthening the grip of national banks. The conspiracy answer…either they’re being played or bought by the big banks …… or they are back ending there centralized currency..
I think it's more incompetence and politics.
We were already inflating the post-2008 crash economy and then Covid sent that into hyperdrive. The economic restrictions and trillions printed/spent by Trump, et al, created massive inflation...which was not politically convenient to admit until it became rampant inflation, because trillions were to be printed/spent by Biden, et al.
Bad policy to avoid the natural deflation of over-inflated assets post-2008 created a long-term finance strategy ripe with issues. A Black Swan event completely threw a wrench into their plans, which led to policy that mad the (formerly prudent) long-term strategies short-term insanity.
Posted on 5/5/23 at 8:03 am to dewster
What authority does a President have to do this?
Obviously declaring some emergency order gives them power they make up in the mind, shy of that though? Is there something that gives the President the right?
Edit - I would be completely OK with banning short sales though.
Obviously declaring some emergency order gives them power they make up in the mind, shy of that though? Is there something that gives the President the right?
Edit - I would be completely OK with banning short sales though.
This post was edited on 5/5/23 at 8:05 am
Posted on 5/5/23 at 8:04 am to Taxing Authority
quote:
Simple easy and cheap. Three things government hates.
Also would likely be called inequitable.
Posted on 5/5/23 at 8:04 am to dewster
Yeah, this isn’t going to distort the market at all…
Say “Banks are fricked” without saying “banks are fricked.”
Say “Banks are fricked” without saying “banks are fricked.”
Posted on 5/5/23 at 8:05 am to dewster
quote:How would that be legal?
ban short selling on bank stocks today
Posted on 5/5/23 at 8:06 am to DarthRebel
I’m fine with banning all short sales. Let the GameStop shorters have to cover their positions.
Banning them on one specific industry is a huge problem IMHO.
Banning them on one specific industry is a huge problem IMHO.
Posted on 5/5/23 at 8:07 am to teke184
quote:
Yeah, this isn’t going to distort the market at all…
This is the pro-inflationary policy the Fed has been pushing since 2008. They really, REALLY fear assets being priced correctly, especially housing.
Page 1 of 4
Popular
Back to top
Follow TigerDroppings for LSU Football News