From Yahoo!Finance and Reuters
Stock Futures Soar On Plans To Stabilize Markets
By Ellis Mnyandu
Stock futures soared on Friday, indicating Wall Street will add to its gains after the best day in six years, as investors cheered a series of sweeping steps by governments worldwide to contain the spiraling credit crisis...
Early Friday U.S. securities regulators joined regulators from other countries in temporarily banning short sales of financial shares...
"The ban on the short sales is what's having the immediate impact on the market. That should calm the market down," said Paul Mendelsohn, chief investment strategist at Windham Financial Services in Charlotte, Vermont.
Oh, wait a minute, so regulation is actually good for markets? De-regulated markets are actually potentially catastrophic to society at large?
Who'd a thought?
Alright, I'm done.