Wall Street hates the cronyism of these repeated bailouts and the enormous transfer of unearned wealth that this represents. Insurance giant AIG is back at the trough a fourth time and guess what? The market still doesn't like it when Washington know-it-alls muck with the market.
Notice how no one talks about the shorts anymore? That's because there really aren't any anymore. The shorts were never an issue - the issue was the underlying weakness of these companies and the government's willingness to steal from you and me to prop up the stock prices of failed businesses.
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