Article: SEC proposes tougher “naked” short selling rules

Article - Media

SEC proposes tougher “naked” short selling rules

Rachelle Younglai, Richard Chang

Reuters, 4 March 2008

The U.S. Securities and Exchange Commission on Tuesday proposed tougher rules to curb so-called “naked” short-selling abuses and prevent market price manipulation.

SEC Chairman Christopher Cox said regulation SHO, an existing rule partly aimed at short selling abuses, “needs teeth.”

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Web: Comprehensive and Controversial Summary of the History of Central Banking Globally

Web

Comprehensive and Controversial Summary of the History of Central Banking Globally

Bud Burrell, Rodney E. Young

Sanity Check via Wayback, 20 March 2006

The success of the central banking scheme developed into a far-reaching plan described by President Clinton’s mentor, Georgetown Professor Carroll Quigley, “to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the system was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world’s central banks which were themselves private corporations. Each central bank….sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the levels of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world.”

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