Desperate.

Lehman: Man Bites Dog Latest

Why everyone is so anxious to try and call the bottom on financials is beyond me. No one really seemed to notice, GS, LEH and MS all have had disasterous performance y/o/y.

If you don't want to short, don't. But with all the "fantasy-based" products that generated profits gone, not sure why anyone thinks this group won't just trade sideways for years once a bottom is found.