Its been the governments call to fix this shorting problem which they infact are aware of and have been sitting on their proverbial arse all this time. This could have a potential impact on our economy as investors wealth has been erroded and confidence in the market Zapped. If Kevin Rudd is such a great man why has he not addressed this issue with great urgency just as Hank Paulson has in the United states... Rudd is not a great leader..he is a professional diplomat thats all. As much as I disliked the liberal party I would suggest that Malcolm Turnbull having been an investment banker and quite wealthy would have more of a grip on this situation and would have addressed it by now. One would hope anyway.
OZL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held