Why Main Street blames financial speculation for economic crashes Disdain for short selling is as American as apple pie, dating back to our nation s founding. But as Bob Sloan argues in Don t Blame the Shorts, short selling lies at the heart of every Wall Street transaction and fuels the financial system.Sloan explains that without shorting, credit in high-yield, distressed, convertible bonds and equities vanishes, thus choking economic activity. This eye-opening look at short selling in America provides new insight into our hostile relationship with shorting a relationship that turns out to be unhealthy and counterproductive.
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Limba Engleză ● Format EPUB ● Pagini 272 ● ISBN 9780071636872 ● Editura McGraw-Hill Education ● Publicat 2009 ● Descărcabil 6 ori ● Valută EUR ● ID 2254231 ● Protecție împotriva copiilor Adobe DRM
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