Unjust retribution

Just as the Indian Govt. had placed a ban on commodities futures to control inflation, so has the US SEC [Securities and Exchange Commission] directed a ban on short selling on about 800 financial companies in a bid to arrest the deep slide faced by financial institutions in the US in the wake of the subprime mortgage crises.

Just goes to show how unfairly the only people in the world, who saw the bubble in the valuations getting built, get treated. While the executives who directed the funds to such fraudulent instruments walk away unscathed [at least financially] and the credit rating agencies which failed to mark the assets suspect remain ignored, the only guys who saw the true fundamentals [or the lack of them thereof] get blamed for the sorry state of the economics. What a shame and pity.

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