UK Gov and Trading

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logBurner
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Joined: Sep 26 2008
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UK Gov and Trading

Just been reading http://ezinearticles.com/?Did-Bear-Stearns-Fall-Or-Was-It-Pushed?--How-I...

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.

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