Friday, August 12, 2011

Short-Selling Explained

This brief video offers a good explanation of just what short-selling is all about.

The relevance of that issue at the moment is that 4 European nations have just banned the practice, as there is evidence that it has been used in the very recent past to manipulate financial markets for the gain of certain rich elites. And of course, such manipulations do immense harm to all those of us who are not rich.

(Open Salon readers can watch the video here, or at my main site here)

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