[DOWNLOAD] ~ Don't Blame the Shorts: Why Short Sellers Are Always Blamed for Market Crashes and How History Is Repeating Itself # by Robert Sloan ~ eBook PDF Kindle ePub Free
eBook details
- Title: Don't Blame the Shorts: Why Short Sellers Are Always Blamed for Market Crashes and How History Is Repeating Itself
- Author : Robert Sloan
- Release Date : January 04, 2009
- Genre: Personal Finance,Books,Business & Personal Finance,Health, Mind & Body,
- Pages : * pages
- Size : 6828 KB
Description
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.