But if what those big mouths like Einhorn/Eckman say is true (which it is), wouldn' that be to the benefit of the shareholders? These big mouths have alerted the shareholders of the innate problems in MBI and Lehman months before they capitulate.
Those crashes you've seen lately, I would argue, are the works of an efficient market. Isn't it prescient that the market drove down the price of AIG to near the fair value after the bailout ($2-5), well before it was actually bailed out?
Those crashes you've seen lately, I would argue, are the works of an efficient market. Isn't it prescient that the market drove down the price of AIG to near the fair value after the bailout ($2-5), well before it was actually bailed out?