"By restricting short selling in financial stocks, the Fed has brought about the unintended consequence of putting more hot air into the CDS market, which is the very market it's been worried about."

26 Sep 2008

--Timothy Mungovan, partner and co-chair of the alternative investment litigation team at Nixon Peabody, on the impact of the short selling ban.

"By restricting short selling in financial stocks, the Fed has brought about the unintended consequence of putting more hot air into the CDS market, which is the very market it's been worried about."--Timothy Mungovan, partner and co-chair of the alternative investment litigation team at Nixon Peabody, on the ...

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