[EGPWS]

A large part of the present crisis is a mere mechanical effect of dedicated shorts getting richer every time they kill another company.

The longer one lives, the more times they will hear this.

If graced by God to live long enough, they will hear it time and time again.

[JasonC]

Yes, because these things are cyclical and always recur, always will. Nothing new there. And because it is true - markets overshoot, both up and down. And we are currently overshooting down. Bear to Freddie deserved it, Lehman borderline but probably did to. The companies they are shooting at now, nope, not even close. They are just trying to ride their own wave of panic.