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To the Editor: A shortcoming to short selling

Mar 26, 2009

To the Editor:

Re: “Sold Short: American Capitalism at Its Finest,” Opinion, March 25

This author’s very interesting column has one problem — or shortcoming. He addresses the issue of short selling as a fundamentally negative operation that is “invested in market failure.” This is a simplistic view of short selling that flies well with the public’s general feeling of indignation towards Wall Street.

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