Wachovia (WB) Down -23% today; it should be down more...

09/26/08 11:12AM EDT
Those "evil doer" short sellers aren’t the ones selling it either. Look at 2yr Wachovia bonds trading at 50 cents on the dollar.

In English, 50% chance of bankruptcy within 2years.

Chris Cox and “Investment Banking Inc.” can ban short sellers all they want. Gravity cannot be banned, in the end...
KM
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