22 October 2008

Short sellers and regulators

I just saw this posting at 'Foreign Policy blog' about the north Korean dictator and it reminds me of regulators and short sellers in todays markets around the world - read it to draw the analogy:

"Kim was watching a special match between Kim Il-sung University -- his own alma mater, which was celebrating its 62nd anniversary -- and Pyongyang University of Railways. According to an insider, after realizing that several of the Kim Il-sung University players were sporting long hair, Kim declared it to "look disgusting," and said "I can't tell if this is men's soccer or women's soccer."

His mood grew steadily worse until the end of the first half, at which point he announced he would not be watching the rest of the match. Whether he was actually watching from the stadium or on television is unknown.

Shortly after the incident, a notice was posted in workplaces across the country banning long hair for men. Staff at Kim Il-sung University were witnessed carrying out particularly stringent checks."

PS: It isn't clear whether his team was losing at this point of time or not.What do you think?


madmax313 said...

Dear Sandeep,

Nice analogy.

Note that Kim Il Sung is the "North Korean" dictator, not the "South Korean" one.



Sandeep said...

Got it - thanks.