Article: Banks Fear Next Move by Shorts

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Banks Fear Next Move by Shorts

Louise Story

The New York Times, 14 September 2008

In May, David Einhorn, one of the most vocal short-sellers on Wall Street, made no secret he was betting against Lehman Brothers.

Now, some investors are afraid that fund managers like him will take advantage of the climate of fear stirred up by the troubles of Lehman to target other weak financial firms whose declining share price would bring them rich rewards.

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