“Unbridled short selling is contributing to the recent, sudden price declines in the securities of financial institutions, unrelated to true price valuation,” said SEC chairman Christopher Cox…
November 27th, 2009 | Adrian Ash | 0 comments | ContinuedAll Posts Tagged With: "dong"
Vietnam Stock Exchange Plunges, Investors Trading in What Little Dongs They Have
Vietnam had recently become the world’s largest importer of gold bullion. Investors and householders bought the yellow metal for the same reason people always have – as a way to protect themselves from paper. The paper at issue is called the “dong,” the official currency of the Socialist Republic of Vietnam. With the Vietnam stock exchange in shambles, the dong has lost value.
June 30th, 2008 | Bill Bonner | 5 comments | Continued
