Word: britains
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...emergency order forcing hedge funds, which employ short selling as part of their trading styles, that have a $100 million portfolio to report their short positions daily. The implicit threat is, We will know who you are. (Long positions are already known by the SEC.) Also on Thursday Britain said it will ban all short selling of financial stocks until at least next January, while New York Attorney General Andrew Cuomo announced that he was launching an investigation into complaints of short sellers spreading false rumors about targeted companies like Lehman Brothers, AIG, Goldman Sachs and Morgan Stanley...
...Consider the line up: local bank and Newcastle United sponsor Northern Rock had to be nationalized in February after it was caught short of cash when the money markets seized; on Sep. 12, Britain's third largest tour operator XL went bust leaving London club West Ham United without a shirt sponsor; and now insurance giant AIG, shirt sponsor at English and European club champions Manchester United, is teetering on the brink of collapse...
...Scarborough, everyone knows who Alan is. Playwright Alan Ayckbourn was an 18-year-old actor when he first came to this resort town on the coast of North Yorkshire, England, in the 1950s and joined a theater company run by Stephen Joseph, Britain's pioneer of theater-in-the-round. After starting to write his own plays, then working as a radio-drama producer for the bbc, Ayckbourn returned to Scarborough, where in 1972 he became artistic director and chief playwright-in-residence for what is now called the Stephen Joseph Theatre. It is there that nearly...
...been calling for Samak's ouster ever since he took office, labeling him nothing more than a puppet of former Prime Minister Thaksin Shinawatra, who himself had been deposed by a bloodless military coup in 2006. A billionaire tycoon who now lives in self-imposed exile in Britain, Thaksin has been charged with corruption in several different cases. (On the same day Somchai was voted in, the Supreme Court issued a third arrest warrant against Thaksin for failing to show up in court.) But even though Samak is gone and his predecessor charged with criminal wrongdoing, the Thaksin connection remains...
...Britain's Prince William announced on Monday that he will train with the Royal Air Force (RAF) to be a full-time search and rescue pilot. His surprise career choice prolongs a relationship with the military that has periodically come under strain through a series of controversies surrounding the privileged role William and his younger brother Harry have in Britain's armed services...