Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-11-15-Speech-2-434-185"
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"en.20111115.27.2-434-185"2
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"The financial crisis has demonstrated to us that short selling, as well as other forms of financial engineering of varying degrees of sophistication, carries enormous risks, and leads to market instability and to the emergence of serious systemic risks, with no evidence of any benefits for the functioning of the economy. As regards short selling, I believe we should have been even more ambitious in the regulation of transparency obligations and of covered short selling as a means of combating financial speculation, so I abstained."@en1
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