Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-11-15-Speech-2-434-051"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2011-11-15"^^xsd:date2
dcterms:Is Part Of	lp_eu:Explanations of vote2
dcterms:Language	"it"^^xsd:language2
lpv:document identification number	"en.20111115.27.2-434-051"2
lpv:hasSubsequent	lp_eu:2011-11-15-Speech-2-434-2092
lpv:speaker	lp:Claudio Morganti2
lpv:spokenAs	member; Delegation to the EU-Mexico Joint Parliamentary Committee (2009-09-16--2014-06-30)3 member; Delegation to the Euro-Latin American Parliamentary Assembly (2009-09-16--2014-06-30)3 unknown; Lega Nord (2009-07-14--2013-11-04)3 member; BUDG (2009-07-16--2012-01-18)3 substitute; Delegation to the ACP-EU Joint Parliamentary Assembly (2011-03-01--2013-09-29)3 member; EFD (2009-07-14--2014-06-30)3 substitute; ECON (2009-07-16--2012-01-18)3
lpv:translated text	"I decided to vote in favour of this report because it helps to regulate some significant aspects of the financial markets more effectively. Firstly, short selling, while a potentially useful tool, must be used with extreme care and attention, otherwise we run the risk of having a financial jungle that is dangerous for everyone, investors and savers alike. Similarly, regulating credit default swaps (CDSs) was the right thing to do. Initially created to act as guarantees, over time, CDSs have turned increasingly into a dangerous way to speculate against States. More stringent rules and greater caution among those working in financial markets are therefore most welcome. We cannot allow financial speculation to have damaging results on the entire real economy as well."@en1

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