By incentivizing Wall Street players to sniff out inefficient or corrupt companies and bet against them, short-selling acts as a sort of policing system; legal short-sellers have been instrumental in helping expose firms like Enron and WorldCom.
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About Matt Taibbi
Matt Taibbi was a contemporary American author and journalist. Matthew Colin Taibbi is an American author, journalist and podcaster. A former contributing editor for Rolling Stone, he is the author of several books and publisher of Racket News. Read more on Wikipedia →