Spain's three-month short-sale ban - following a similar ban in Italy on shorting financials -...

|By:, SA News Editor

Spain's three-month short-sale ban - following a similar ban in Italy on shorting financials - shows the countries succumbing to a "Siren song," Steve Goldstein says: almost irresistible, despite the damage to come. Beyond the quick gain, the drop in liquidity isn't worth it - and it's not shorting that's at fault, it's Europe's debt crisis. "That said, even a doctor facing an incurable cancer must obey the Hippocratic oath: First, do no harm."