Critically Acclaimed 'Don't Blame the Shorts' Now Available in Book Stores

Author Plans Press Tour in London and Washington

NEW YORK, December 17 - The critically acclaimed Don't Blame the Shorts: Why Short Sellers Are
Always Blamed for Market Crashes and How History Is Repeating Itself
(McGraw-Hill), written by Robert Sloan, a Wall Street veteran and managing
partner of S3 Partners, is now available in major bookstores throughout the
United States. The book will be released internationally in January 2010.

As a hedge fund industry expert and student of financial history, Mr.
Sloan knows how today's politics and regulatory pressures could impact
capital markets. "The Securities and Exchange Commission, FSA and EU will
certainly propose new rules in 2010. Based on historical precedent, short
selling will be a likely target," said Mr. Sloan.

Unlike any of the current books concerning the credit crisis, Mr. Sloan
taps into the cultural, political and historical reasons why the forces of
speculation on Wall Street and proponents of populism on Main Street clash
over financial products and vehicles, the latest of which is short selling.
Sloan explores the systemic and symbolic role short selling plays in making
financial markets less opaque, more accountable, and therefore stronger.
Essentially, short selling is not what ails our equities trading markets, but
what keeps them honest.

With over 20 years of Wall Street experience, Mr. Sloan is an expert in
hedge funds, regulation and short selling. Prior to founding S3 Partners in
2003, Mr. Sloan was a managing director, the global head of prime brokerage,
equity finance and Delta One products at Credit Suisse First Boston. He was
also a member of both the securities division operating committee and the
product managers committee. In addition, he has also founded and chaired the
CSFB/Tremont Hedge Fund Index, as well as worked at Lehman Brothers in the
equity derivatives and central funding unit. Mr. Sloan serves as a member of
the board for MF Global Ltd., the world's largest exchange traded derivatives
broker.

Praise for Don't Blame the Shorts includes:

"Robert Sloan manages to go the distance in "Don't Blame the
Shorts…because his book is as much about historical tensions between
Washington and Wall Street as the practice of short selling. It is a brave
act to take on anti-finance populists at this time."

–John Plender, senior editor and columnist, Financial Times

"A must-read for students, observers, and participants in the capital
markets' system."

–Meredith Whitney, CEO, Meredith Whitney Advisory Group, LLC

"A must-read for anyone who wants Washington to start enacting smart
regulations instead of more counterproductive ones."

–Robert E. Wright, author of One Nation Under Debt and Nef Family Chair
of Political Economy, Augustana College

"Bob Sloan's defense of short selling as necessary to an honest
securities market is articulate, compelling and should be required for
regulators, investors and those who write about them."

–Stanley S. Arkin, founding member and senior partner, Arkin Kaplan Rice
LLP

"Sloan digs through the archives to discover that the debate goes back
well beyond the Great Depression and reveals recurring tensions between
populism and capitalism, rural and urban America — and, of course, between
Main Street and Wall Street."

–Neil Wilson, columnist, Absolute Return + Alpha

"I liked this book. It was short and to the point and very well
researched. As we are living in an era of history repeating itself, Mr. Sloan
depicts the negative market psychology that has transcended Wall Street since
the birth of our nation."

–Ted Stamas, Instablog

About Robert Sloan and S3 Partners

Robert Sloan is the managing partner of S3 Partners, LLC, a New York and
London-based firm that reduces counterparty risk and prime brokerage costs
for its hedge fund clients, which he founded in 2003. S3 Partners is a
financing specialist firm dedicated to helping its hedge fund clients
optimize and best manage prime broker relationships. S3 Partners provides
portfolio-critical price discovery and best execution for financing services
for its hedge fund clients. S3 Partners' team of expert professionals has
over 200 years of combined experience at the most senior levels at major
sell- and buy-side firms. Areas managed by S3 Partners include asset
protection, securities lending, margin and leverage, collateral management,
counterparty selection and optimization, cash management, Delta One and
derivatives, and term financing.

Primarily based in New York, Mr. Sloan will be interviewing in
Washington, D.C. January 7th and in London January 13th - 15th.

Steven Bruce, or Pen Pendleton, both of Abernathy MacGregor Group, +1-212-371-5999