Capitalist Pig

Morgan Stanley: Exploding the Short-Seller Myth

USO can be shorted, by selling calls or buying puts.

Morgan Stanley: Exploding the Short-Seller Myth

The meltdown in the credit markets can be traced directly to credit, especially mortgages, being granted to unqualified borrowers in the name of fairness in home ownership. In other words, by law, financial institutions did not have a choice. They were required by "enlightened" law to grant credit to borrowers, who in the past, had been unqualified.

Now, our government wants to use our money – remember, we the people, provide all the money – to rescue the very organizations that government regulation forced into failure. And yet the blowhards in Congress fail to recognize the vast majority of us: those who live by the rules and expect no favors from anyone.

Morgan Stanley: Exploding the Short-Seller Myth

Moses, you are correct, sir! We are quick to complain, but if short selling drove down the price of oil, would we complain?