Saturday, September 20, 2008

A New Wave of Vilifying Short Sellers - New York Times

To sell short, traders typically borrow assets like stocks and sell them. If the price falls, the trader buys back the shares at a lower price and profits from the difference. Short sellers have always been viewed with suspicion because their style of trading seems to run counter to the essential optimism of the markets. After all, they win when other investors lose.Read the article @ New York Times