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I sold my LEH options for a quick double. Absolute gift when that POS overshot after the last "run on the bank". Don't forget - these guys are playing with a stacked deck. They got a Fed that spends like a drunken sailor, have completely loose requirements on mark to market (witness level III toxic waste not dropping), and an election year government falling all over themselves to bail these guys out with public money.

The SEC should be focusing on blatent insider trading - like when you see hundreds of thousands of options sell before news is announced, and "unusual" trading activity before news is announced. To focus on a short seller "rumor" is ludicrous, and an embarassment for the SEC quite frankly.