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Your article is the truth. Basically, the SEC banning short-selling is socialism. Plain and simple.
Oct 15 23:42 pm
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All Comments by mountain1228 »Why Short Sellers Are the Heroes of Wall Street [View article]
As you said Short Sellers make money off companies that are going under because the market for this situation exists. Therefore, what amount of profits have been lost as a result of the current government *protection* scheme?
The current *financial crisis* should have been a potential gold mine for short-sellers and their success would have helped end the current panic quicker.
This success would have brought on the current bank merger process at an earlier time, avoiding the intervention of the central monetary authorities.