Sunday, April 6, 2008

Bear Blowup: Why it Wasn?t a ?Short? Conspiracy

As the saga continues, the plot thickens: The blame-it-on-the-shorts bandwagon got quite a push last week, but this battle cry is likely to go the way of all others if Roddy Boyd’s attempt in the current Fortune to put together the pieces of the puzzle is anywhere near close to what really happened. If it is, it would appear the shorts, yet again, were reacting to market events â€" not causing them. Just last week Congressman Barney Frank was quoted everywhere saying there needed to be more of

No comments: