With your help, and samples of what I am reading, I am going to post some examples of how to explain the financial crisis to our readers.
Number one: The SEC’s Ban on Short Selling, in Under a Minute, by Chris DesBarres in New York magazine’s Idiot’s Guide.
Read just the lead:
The SEC has temporarily banned short selling in an effort to rally the markets.
A lot of people think this is a crap idea.
But you don’t know what to think, because you frankly don’t really get why they did it.
In fact, if you are being honest, you don’t even get what short selling is.
Thankfully, Chris DesBarres, otherwise known as some random guy we found on the Internet, is here to explain it all (except for the bits you don’t actually need to know).
Chris DesBarres explains it all, here.
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