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Aside from the other issues (staying solvent long enough to profit), there is another issue - government intervention. You never know if the government will swe
by TuringNYC 6y ago
Aside from the other issues (staying solvent long enough to profit), there is another issue - government intervention. You never know if the government will sweep in and save a company [unfairly?] or change terms -- either with a guarantee, bailout, or unlimited loans.
Case: Bear Sterns, AIG, GS
- eru 6y agoOne of the first things many European countries did to combat (?) the pandemic was to ban short selling. See eg https://www.reuters.com/article/uk-health-coronavirus-hedgefunds-shortse/hedge-funds-target-france-as-short-selling-bans-lifted-idUSKBN2321K7 https://www.reuters.com/article/uk-health-coronavirus-hedgef...