Re: Ethical short sellers are a vital part of the food chain.
What nonsense. We didn’t have short sellers int he 1950’s and yet somehow the market managed to flourish.
>> What nonsense.
You may not *like* the fact that short selling makes a market work better, but that doesn’t make it “nonsense”.
The hell you say-- we had short sellers back in the 1600's when the whole idea of corporations first got invented. Buying and holding is called "going long" and selling is called "going short". OK, we got computers now but they don't do anything a clerk didn't do in the old days; it just took longer so there was much less trading getting done.
McCain's got no business bashing rich people any more than the Dims do. Next thing you know we'll be hearing from McCain's preacher screaming about "rich white people".
We sure as hell did have short sellers in the 1950s. And long before that. http://stockforlife.blogspot.com/2007/02/history-of-short-selling-from.html