Hasan, Iftekhar; Massoud, Nadia; Saunders, Anthony; … - In: Journal of Banking & Finance 54 (2015) C, pp. 87-103
Tracing the SEC ban on the short selling of financial stocks in September 2008, this paper investigates whether such selling activity before the 2008 short ban reflected financial companies’ risk exposure in the subprime crisis. Evidence suggests that short sellers sold short stocks that had...