Merkel’s ‘Distortive’ Shorting Ban Failed, IMF Says

littlekracker at 03h32
18
Aug
2010
Merkel’s ‘Distortive’ Shorting Ban Failed, IMF Says

Merkel’s ‘Distortive’ Shorting Ban Failed, IMF Says
August 17, 2010, 11:58 AM EDT

By Rainer Buergin

(Adds Finance Ministry comment in seventh paragraph.)

Aug. 17 (Bloomberg) -- Germany’s unilateral ban on some kinds of naked short-selling failed to achieve the government’s aim of keeping asset prices from falling and succeeded only in impeding markets, the International Monetary F
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