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Message: Action against an exchange?

Well, lawsuits are flying and rapidly growing. I don,t believe there will be any parts of the markets that will be unscathed. As one gets sued, it seems the "fight fire with fire "adage is kicking in here. I find this interesting where UBS is considering taking action against an exchange. If the losses were great enough in what happened to the resource stocks on the TSX for no legitimate reason, someone may consider action in one form or another here? Or at least an inquiry should be initiated with a chosen panel of independents that would have no conflict of interest status. Many retail are down considerably, including us because of shorting of these stocks, yet in times of big trouble, the banks seem to be partially protected by short selling bans. The retail have no protection it seems, only the rich and powerful are saved, while many small individuals go by the wayside because of a bigger fish,s greed. The world is gonna need the muppets, but when they go to look for them, they may not be there because of the unfair treatment that has increased over the years.Then what will they do?

UBS blamed U.S. stock exchange Nasdaq's (NDAQ.O) "gross mishandling" of the offer and plans to take action against the exchange. Facebook shares have shed around 40 percent of their value since the company's ill-starred debut.

http://www.reuters.com/article/2012/07/31/us-banks-europe-idUSBRE86U0LG20120731

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