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Opinion: The verdict is in on short-sellers of stocks — they greatly benefit all of us | MSN

“I am devoting this column — my regular monthly focus on the latest Wall Street research — to interviewing a number of finance professors who have studied the roles that short-sellers and their research play. Would the world be a better place if the short-selling firms closed their doors? The professors’ answer is an unequivocal ‘no,'” writes columnist Mark Hulbert. A study by UW finance professor Jonathan Karpoff is referenced.