I worked for a long/short fund and am personally (and vocally[1]) short some names. I have nothing against short selling, it’s an important function of healthy

I worked for a long/short fund and am personally (and vocally[1]) short some names. I have nothing against short selling, it’s an important function of healthy markets. To give you an example of what I'm worried about, our accountant cautioned all of their clients yesterday about keeping funds with another bank that has had rumors circulating about it, saying that regardless the truth of the rumors, the fact that they are circulating could cause a run. This is the right thing for them to do; their fiduciary duty is to us and not to the stability of the market, but in aggregate, it's easy to imagine how everyone's accountant sending the same message at the same time could be exploited by someone who wants to destroy a small bank. [1] https://paulbutler.org/2022/the-problem-with-bitcoin-miners/ https://paulbutler.org/2022/the-problem-with-bitcoin-miners/