The author expanded upon it in his book, Business Adventures. Apparently, the only alternative was for short sellers’ to sell very large amounts of many other

The author expanded upon it in his book, Business Adventures. Apparently, the only alternative was for short sellers’ to sell very large amounts of many other stocks, and the Exchange was afraid it would crash most of the other companies’ stocks. The sentiment, from the book, appears to be that Saunders nearly caused a stock market crash all by himself, with his corner