Posted AT 9:02 PM EST on 19/09/08
Authorities may be selling short the short sellers, but it's working
ANDREW WILLIS
From Saturday's Globe and Mail
Mention “short sellers,” and most investors conjure up an image of nasty and brutish characters, hunched over computer screens and cackling happily as their market machinations ruin companies.
Think Danny DeVito or Michael Douglas as corporate raiders, in the films
Other People's Money and
Wall Street.
The full text of this article has 524 words.
To continue reading this article, you will need to purchase this article.
Already have a member account? Login now
| Market | Change | Value |
|---|---|---|
| Data delayed 15 minutes | ||
| S&P/TSX | -350.77 | 9,121.32 |
| DJIA | -245.40 | 8,769.70 |
| S&P 500 | -28.05 | 906.65 |
| Nasdaq | -53.32 | 1,599.06 |
MOST POPULAR 
Most Popular
| Rank | Headline |
|---|---|
| 1. | Oil plunges on reserve report 4:19 PM
|
| 2. | Cut taxes now, cut spending later, Flaherty told 12:15 PM
|
| 3. | India rocked by financial scandal 1:50 PM
|
| 4. | Air Canada's unhappy holidays 12:00 AM
|
| 5. | Market winning streak snaps 4:31 PM
|
| 6. | Time Warner to take $25-billion charge 10:11 AM
|
| 7. | Russia completely turns off gas spigot 10:35 AM
|
| 8. | Desperate for credit 2:54 PM
|
| 9. | Dissident Kingsway investor wins 2 board seats 5:07 PM
|
| 10. | OSC staff, Biovail reach settlement 5:42 PM
|
| Rank | Headline |
|---|---|
| 1. | Polygamy charges in Bountiful 4:15 PM
|
| 2. | Gaza: You told us what you think 4:45 PM
|
| 3. | Oil plunges on reserve report 4:19 PM
|
| 4. | U.S. presidents, past and present, do lunch 4:31 PM
|
| 5. | Cut taxes now, cut spending later, Flaherty told 12:15 PM
|
| 6. | Man who didn't father twins must pay child support 7:14 PM
|
| 7. | India rocked by financial scandal 1:50 PM
|
| 8. | York asks union to hold vote on new offer 6:06 PM
|
| 9. | Hilton acquitted of new charges 5:36 PM
|
| 10. | Air Canada's unhappy holidays 12:00 AM
|
| Rank | Headline |
|---|---|
| 1. | Whey-fed, way delicious 9:05 AM
|
| 2. | The key to weight loss: portion control 10:31 AM
|
| 3. | Cut taxes now, cut spending later, Flaherty told 12:15 PM
|
| 4. | The hotel of the future 11:19 AM
|
| 5. | Chinese medicinal chicken soup 9:58 AM
|
| 6. | Oil plunges on reserve report 4:19 PM
|
| 7. | Funny – or racist? 06/01/09 7:46 PM
|
| 8. | Polygamy charges in Bountiful 4:15 PM
|
| 9. | Air Canada's unhappy holidays 12:00 AM
|
| 10. | 'Breasts are overrated' 12:00 AM
|
The Law Page 

- Back in the M&A world
- After stints in public service, Michael Fortier rejoins Ogilvy
Globe Investor Magazine 

- Ten things to know about TFSAs
- The nuts and bolts of these new tax-sheltered accounts -- and who benefits most from them
-
Related:
Tax-Free Savings Account ideal as emergency backup fund
Adhocracy 

- Naked-naked, but in a natural way
- Plus: Get jiggy
Restaurant Diary 

- Dine and dash
- "Party math" makes large groups risky for servers
Magazine Exclusive 

- Peter Puck's last stand
- In 2002, the former Oilers owner moved to California, leaving bailouts and ill will in his wake. For unwitting new partners in the U.S., a golden entrepreneur seemed to have swept into town 7:04 AM




JOHN HEINZLWisely or not, investors ride wave of optimism and take plunge
MARCUS GEEStimulus spending? Foreigners beware: China's been down this road before
NEIL REYNOLDSWhy governments can't stop market crashes
BARRIE McKENNAWorst is yet to come, Fed acknowledges