There's plenty of reasons to ban shorting - and during the GFC...

There's plenty of reasons to ban shorting - and during the GFC it was actually banned for a period of time in an attempt to stabilise markets.

The whole BLA-Glaucus shamozzle is hardly conducive to the operation of a fair market.

By far the biggest hit to Blue Sky has been the loss of reputation caused by the Glaucus allegations and the ensuing picking of the carcass by the media hyenas.

The whole affair just shows how easily it can be done, albeit once a suitably vulnerable target has been identified.