Fish Gone Bad

The True Nature of Fan and Fred

Wow, there is a lot of heat here. Time to get out the marshmallows, Hershey bars and graham crackers.

On Aug. 11, David Einhorn's company Greenlight Capital RE reports earnings. Perhaps we will hear some words of wisdom from the man who destroyed the "Alpha Female" of Wall Street, and ground Lehman into the dirt.

The special anti-shorting privilege will disappear at 11:59 p.m. EDT on Aug. 12, and will not be extended. If anyone needs to see which companies these are with pork chops tied around their necks, here they are:
BNP Paribas BNPQF or BNPQY, Bank of America Corporation BAC, Barclays PLC BCS, Citigroup Inc. C, Credit Suisse Group CS, Daiwa Securities Group Inc. DSECY, Deutsche Bank Group AG DB, Allianz SE AZ, Goldman, Sachs Group Inc GS, Royal Bank ADS RBS, HSBC Holdings PLC ADS HBC, J. P. Morgan Chase & Co. JPM, Lehman Brothers Holdings Inc. LEH, Merrill Lynch & Co., Inc. MER, Mizuho Financial Group, Inc. MFG, Morgan Stanley MS, UBS AG UBS, Freddie Mac FRE, and Fannie Mae FNM.

All this will happen during congress's August recess.

If any of these banks are as seriously screwed up as Merrill Lynch, you might want to load up on SKF.

Clark Jenkins
FishGoneBad.com