UPDATE - Pershing Square's Ackman says short sale ban hurt (at Reuters)

NEW YORK, Oct 6 (Reuters) - Hedge fund manager William Ackman said on Monday that global regulators rattled investor confidence by briefly banning investors' bearish bets on stocks, and that psychology, not fundamentals, is moving markets. Ackman, who runs New York-based Pershing Square Capital Management, said the short-selling ban "did more to destroy investor confidence than anything." Regulators around the world have recently put... [read full story]