Wall Street Manna

An irreverent look at Wall Street

Friday, September 19, 2008

Taxpayer bailout? Hardly. It's paid for by the shorts!

How rich is that?

These sanctimonious self righteous shorts with their chicanery now want us to believe that short selling wasn't the cause of these problems.

Did they take a look at the moves in the stocks?

And did they really wonder why the SEC blocked all financial short-selling under October 2?

Don't these hedge funds quarter ends September 30?

And what bank helped facilitate these naked shorting? "Everyone" knows it was Deutsche bank. Anyone wonder why that number is down in this screaming market?

I'll quit ranting. I'm just happy this bailout is getting paid on the backs of these shorts!

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