No account yet?
Subscription Options
Subscribe via RSS, or
Free Email Alert

Sign up to receive a daily e-mail alert with links to Dallas Blog posts.

New Site Search
Bill DeOre
Click for Larger Image
Dallas Sports Blog
Local Team Sports News
The Official Site of the Dallas Mavericks
TEX Homepage News

A feed could not be found at

Stars Recent Headlines
Good News Dallas
Spain Plummets into Bailout Chaos Print E-mail
by Tom McGregor    Mon, Jul 23, 2012, 05:12 PM
The Spanish government has banned short-selling of market shares as its national stock exchanges are crashing. Madrid seeks to limit drastic price drops, due to the country’s desperate need for a massive bailout.

According to the BBC News, “Spain’s market regulator blocked the practice for three months to try to restore order after sharp falls in bond and shares.”

‘Short-selling’ is an investment strategy in which traders could earn profits from falling share prices. Italy has already forbid short-selling of financial stocks for one week.

As reported by the BBC, “short-selling is a technique used by investors who think the price of an asset, such as shares, will fall. They borrow the asset from another and then sell it in the relevant market. The aim is to buy back the asset at a lower price and return it to its owner, making a profit along the way.”

Many of Spain’s 17 regions are seeking bailout funds from Madrid.

To read the entire article from the BBC News, link here:

This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
Share This Story on Facebook
Comments (0)add comment

Write comment
smaller | bigger

< Prev   Next >