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Wirecard shows why bans on short-selling are badly misguided (2020)
- hong_kong 6y agoShort sellers do a better job than auditors in rooting out financial fraud and stemming the flow of capital to bad actors. Besides Wirecard, notable success stories have include Steinhoff, Luckin Coffee, NMC Health, Noble, Valeant - and that's all within the past few years.