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How Gambling Lines are Adjusted
The sportsbook betting sites will set an initial gambling line, whether it is developed in house or drawn from an outside source. (...)
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British LibDem party wants to stop hedge-funds from shorting banks
The head of the British Liberal Democratic Party has called for regulators to step and and force hedge-fund managers to stop short-selling failing banks, making billions as the banks stumble and are rescued with tax-money. Speculation is a normal part of trading in shares, but on this occasion the hedge funds are betting against the taxpayer, since....
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Cybersquatters register domains for potential bank-mergers
Today in his Observer column, John Naughton takes account of the thriving practice of cybersquatting domains for potential bank-mergers: Even as the short-selling vultures began circling Lehman Brothers, HBOS, Merrill Lynch and co, a legion of entrepreneurs began betting on domain names for hastily merged financial institutions. For example, when B....
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