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Title: Not a Perfect Book, but ...
Review: This adds to our understanding of Enron's collapse, and of broader matters, including the wary symbiosis between the financial press and the short sellers.Short sellers, stock traders who in effect bet that a certain stock will fall within a given time frame, are important to reporters because they make their money searching for weak targets, like lions looking for the weakest wildebeest in the herd. The weakness is newsworthy.On the other hand, short sellers may benefit by spreading false rumors as well. Maybe nothing is rotten in the corporation of Denmark, Inc., but the rumors that something is will still drive down its price!In sum: short sellers can be a source of information or of misinformation to financial reporters. This book captures that situation, portraying one of its authors as more receptive to such sources and the other as more wary.
