EU bans CDS naked short selling
The masters are cornered. What next, arrest all trade speculators if it fails just like the numerous short selling bans in 2011... Eh, PDs & market makers are excluded since they're not speculators... The circus?!
http://on.wsj.com/rtyn0E
Burning very late midnight oil here, madrid had better win.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!