Don't Blame the Shorts: Why Short Sellers Are Always Blamed for Market Crashes and How History Is Repeating Itself

Business & Finance, Economics, Economic History, Personal Finance, Investing, Finance & Investing
Cover of the book Don't Blame the Shorts: Why Short Sellers Are Always Blamed for Market Crashes and How History Is Repeating Itself by Robert Sloan, McGraw-Hill Education
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Author: Robert Sloan ISBN: 9780071636872
Publisher: McGraw-Hill Education Publication: December 4, 2009
Imprint: McGraw-Hill Education Language: English
Author: Robert Sloan
ISBN: 9780071636872
Publisher: McGraw-Hill Education
Publication: December 4, 2009
Imprint: McGraw-Hill Education
Language: English

Why Main Street blames financial speculation for economic crashes

Disdain for short selling is as American as apple pie, dating back to our nation’s founding. But as Bob Sloan argues in Don’t Blame the Shorts, short selling lies at the heart of every Wall Street transaction and fuels the financial system.

Sloan explains that without shorting, credit in high-yield, distressed, convertible bonds and equities vanishes, thus choking economic activity. This eye-opening look at short selling in America provides new insight into our hostile relationship with shorting—a relationship that turns out to be unhealthy and counterproductive.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Why Main Street blames financial speculation for economic crashes

Disdain for short selling is as American as apple pie, dating back to our nation’s founding. But as Bob Sloan argues in Don’t Blame the Shorts, short selling lies at the heart of every Wall Street transaction and fuels the financial system.

Sloan explains that without shorting, credit in high-yield, distressed, convertible bonds and equities vanishes, thus choking economic activity. This eye-opening look at short selling in America provides new insight into our hostile relationship with shorting—a relationship that turns out to be unhealthy and counterproductive.

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