Asensio also wants to do away with the rule forbidding shorts from suing their targets.

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Saxe speaks with particular venom about short-seller Manuel Asensio, who is not shy in critiquing stocks he rates overpriced.

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Asensio says he has settled six other lawsuits without payment or admitting fault.

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Still, amid all the criticism that he's just a bully, the truth remains that Asensio has a remarkably good track record.

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"We're in it for the money, " admits Asensio, who has always worked for himself except for a brief stint at Bear Stearns.

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Asensio rants about "frauds" and "scams, " sounding like Al Pacino in Scarface.

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"Asensio is trying to sabotage our business, " says General Counsel Joseph Harary.

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Since 1996 Asensio has written Web reports on 27 companies--22 of which, he claims, have lost at least 50% of their value since.

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Not Manuel Asensio , a combative soul whose noisy frontal assaults on his targets have made him one of the least popular figures on Wall Street.

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Yet Asensio's zest for battle really sets him apart.

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Weak companies know no season, Asensio says.

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