In defense of short sellers. My favorite quote?

A UBS research note spoke for the widespread disbelief that modern regulators could ban short selling, even temporarily, even as a form of circuit breaker. "This can be characterized as a populist reaction of no positive value," the report said. "Anyone who seriously thinks that the cause of this crisis arises from the actions of evil and manipulative speculators lacks the insight and knowledge to be allowed anywhere near the regulation of financial markets."

Unfortunately, the monkeys are now in charge of the monkey house.