WaveNet Pharma

The Blame Game, Part I: The Short-Seller Witch Hunt

Short selling is an instrument of greed and speculation whose value is questionable at best.

Consider real-estate as an asset class and contrast it with stocks :
Can somebody else than the original owner allowed to sell it ? No!
Will any owner lend a building to somebody else whose intent is to sell it in anticipation of a price erosion ? No way !

Why is it then it is a lawful instrument with financial assets? Do you know any investors who cherish the idea of somebody else destroying the value of what they own and hence will lend their stock to them ?