Manifestor

Will Lehman Follow Bear into the Woods?

The article's last paragraph, to quote again,

"Amazing what the power of rumors is doing in this market. Some powerful hedge funds who have the ears of journalists must be making some huge dollars in this era, simply by betting short and starting worst case scenario rumors. Anything to make a buck... not that they'd do anything like that (ahem)" ...

summarizes it all very beautifully. I would add internet bloggers in addition to the journalists mentioned in the above quote.

Do you think the relaxation of the uptick rule for Shorts made it easier?

Fed's Strategy to Halt Debt Meltdown is Not Working

I don't see any disclosures from the author. To quote Trader Mark in seekingalpha.com/artic...

"Amazing what the power of rumors is doing in this market. Some powerful hedge funds who have the ears of journalists must be making some huge dollars in this era, simply by betting short and starting worst case scenario rumors. Anything to make a buck... not that they'd do anything like that (ahem)" ...

summarizes very well the situation here. I would add internet bloggers in addition to the journalists mentioned in the above quote.

Book Value Can Be Deceiving for Financials

Can you (the author) explain why you think "the worst of the mortgage crisis is yet to come". Are you referring to the adjustable mortgage rate resets and the coming quarterly write-downs or do you foresee additional factors that trigger more crises.