The only people you should be angry with is those who borrowed more than they could afford to pay (homes) and those who lent it to them and the bankers on wall street who didn't see the danger coming.
Shorts are simply using rational judgement and imputing public information into its stock prices which is clearly under pressure. Don't blame someone for being right and making money in their positions.
I get angry at people who violate the letter or spirit of the law. That includes all those who broke laws in putting us in this situation and those who are breaking the law by illegally shorting RAS.
Hedge funds and private equity firms used shorting to attack an beat down small cap companies across this industry whether they were affected or not. They shorted these companies in waves that overwhelmed them.
NRF is an example of a company that was guilty of being small enough to be attacked.
Betting on failure by shorting is one thing. Killing companies simply because they can is another.
Criminals should be identified and prosecuted whether they were involved in the original loan crimes or in the illegal shorting of companies.
If you want to see a company that has a short with a vengance against it look at Allied Capital ALD. Greenlight Capital' Einhorn has been trying to bring down ALD for years now, but so for the lowest it has been pushed to is in the $18 range. Einhorn even tried to sue Allied only to lose the suit. Einhorn bought into NEW very heavily and lost most of his investment when it went under, even though he was on the board. It is people like Einhorn that give short stock the real stink that it now has. I also agree that shorting needs to be made illegal, and at very least more regulated. Too many good companies have had to suffer due to those who short and lie about the companies that they are shorting.
Longs, many people like me believe the true demand for RAS and other highly shorted stacks, actually comes/will come from the shorts that have shorted these stocks.
RAS is fairing relatively well despite all the attacks by bashers etc. another example of a stock that was hugely oversold and holding on is IMH, its actually up today because there is 20MM+ shares shorted that eventually have to be covered, so the shorts are covering albeit slowly.
When some positive news comes about for the economy then you'll see RAS do more favorably. As long as we hold on to are share and not dump them on the market for these creepy shorts to cover their positions with.