UK Gov and Trading
I noticed that Gordon Brown in UK during last speech was saying that All was OK with Northern Rock, . . blah blah, . . . it was the problem of Bear Stearns that caused this lack of confidence, . . . more blah blah . . . . .
Gut feeling was GB was simplifying for the obvious reasons. I noticed months ago that investigators were looking into illegal trading that caused Bear Stearns drop – i.e. Naked Short selling.
Q: Could GB know about possible shorting tricks? Surely if he conducts a dialogue with U.S.top dogs then they must know of the problem and as a valued ally would let him in on the secret??
Obviously all will be opinion though facts would be good.
Eyes on Gulf of Aden.