This is the section of Willie's article I was referring to -
LOST INTEGRITY OF US FINANCIAL MARKETS:
The revived short rule restriction has contributed to yet another severe black eye to the reputation of the Untied States. Its financial markets are already considered the playground for Wall Street syndicates, with criminal behavior protected by the system. Foreigners mock our markets for their grotesque unfairness. Insider trading, 3pm rescues, program trading, naked shorts, controlled news sources, conflicts of interest between news networks and advertisers, justification of fraudulent accounting under pretense of national security, these all contribute to the cesspool image. The list of financial firms protected by short rule restrictions included far too many stocks. What really really angered me, as in really really angered me, was the exemption given to Goldman Suchs. They are permitted to short financial firm stocks. At least the short rule restriction ends on Wednesday, tonight.
jfi, and underlining is mine.
dub
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