That article really shows where the financial sectors mind is at on this subject. Nowhere does he address the fact that Melvin are so over-exposed because they are shorting more shares than are available - that is pure greed. Nor does he address the completely obvious flaw in the justification for short selling; that hedge funds are incentivized to manipulate stock prices downwards, which I think it is safe to assume they do, and which unleashes death blossoms of human misery - on a grand scale - for the actual people who compose the body of the corpus. His assumption that they need short selling to know where to invest actual capital is also suspect. Do investment houses not assess investment opportunities on any other criteria than a companies resilience to the manipulation of it's stock price? If not then the tail is wagging the dog and an even more brutal gutting of the financial services sector is required than previously thought.