WaveNet Pharma

Lehman Shorts Scared by Bear Stearns Investigation

No doubt that Shorts propagated fear, engendered investor panic and then profited from the demise of Bear. The unusual surges in trading volumes, the extremely risky put positions and the speed with which they happened cannot be explained by probabilistic theories, no matter how far fetched.
If stock price manipulation by spreading rumors from which the originators derive a financial gain is an illegal act, then the Bear case deserves to be investigated until the perpetrators are found and dealt with.