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Short-sellers lose their voice

Being a short-seller is no longer worth the trouble for many hedge fund managers as investors do not want to miss out on a stockmarket rally
Wednesday, June 24, 2015 - 05:50
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Mr Ackman says that he will now "think very hard" before making another short bet.

New York

FOR some, they are the scourge of Wall Street. Yet short-sellers - investors who stake bets against stocks - are often the first to sound the alarm on a market's froth or a company's fraud.

Now, six years into a bull market run, with stocks in the United States smashing