That whole episode is absurd isn't it? They refused to disclose what company they shorted, but it got out. And even if they had shorted it 100% - literally every share - they would have been fine. Expensive, sure, billions in losses... but they were one of the worlds largest banks. But no, they leaked over 200% reported shorting - still miniscule to those holding trillions in assets - before adjusting that number down to what? 60%? 20%? and somehow they still collapse under the weight of that debt. Debt they pay something like 0.1% interest against to maintain forever. Debt simply owed on illegally counterfeited shares they made trying to destroy a successful company with enough money to pay off that supposed short debt... if that was real data and not completely made up. The smaller company shouldn't be more wealthy than those holding trillions in assets.

But no, they short companies so hard that a company simply doing well collapses them because its value - tiny though it is against major banks managing trillions in assets - is somehow a threat to the entire financial system. Thats how badl the criminal shorting practice has become. And why they actually spent years repealing the legal blocks taht protected us from the Great Deperssion happening again. Gensler deregulated Glass Steagall so that he and his cronies would be able to profit on a Depression and close out shorts when whole industries collapse from the economic turmoil. They have een openly said their shorts will be foisted on retirement and pension accounts because thats what they do when they get caught committing crimes. Shorting is at its core pure evil.