Word: tells
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...simply responding to calls to stop the slide in certain stocks - Morgan Stanley CEO John Mack put in a personal call to the SEC - isn't necessarily the best policy. Short sellers, as anyone in finance will tell you, often provide very useful early signals about the weakest players in the market. And there is little rigorous data on whether bans on short selling broadly, or specific modifications to how it's conducted (like whether a stock must tick up before a short can go in), truly reduce volatility in markets. Little wonder that many market observers, including former Federal...
...That left an opportunity for MUFG, and it took it. Time will tell if the Japanese bank made the right move. In the 1980s, when Japan was booming, its companies bought a series of U.S. assets - from movie studios to the Pebble Beach golf course - that subsequently plunged in value, generating a fair bit of xenophobic resentment in the process. Now, it's Tokyo to the rescue on Wall Street. The Japanese are hoping that having learned the hard lessons of their own banking disaster a decade ago, they can now make some money navigating the one unfolding across...
...believe it can be done,” Bailey said. “But we’re not there yet to tell...
...think it’s inappropriate of him to assume the incomes of my neighbors... I can tell you they’re having to mortgage their houses and we know this isn’t any favorable environment to do that,” said Shady Hill Square resident Hannah A. Gold...
...walls as protection, but we do not have the resources,” Tong said. “We just tell people to move back [from the shore], but we cannot keep moving for we are in danger of falling off the other side...