Now Brace for Short-Sellers

The controversial three-week ban on short-selling financial stocks ends at midnight tonight and analysts are uncertain about the impact on an already-traumatized Wall Street. Financial shares have plunged 23% since the ban was imposed, suggesting short-selling might not have played as large a role as suspected in earlier declines, reports the New York Times.

“If there had been no ban, would they have gone down even more?” wondered an MIT economics professor. “We just don’t know in a state of panic what the outcome would have been.”
(More short selling stories.)