I've never shorted a stock in my life. I've got nothing against short-sellers. It's just not my game.
But I've always been disgusted by politicians making villains of short-sellers. Usually the short-sellers are taking advantage of conditions the politicians and their cronies were instrumental in creating in the first place.
I don't know how much that is the case in Italy. And I don't know if Italy is the next Greece or not.
Yet when I see headlines like "Italy Moves to Rein in Short-Selling Amid Market Jitters," it's not encouraging. And does anyone think curbing short-selling makes a difference in the longer run?