Dick Bove Joins The Evil Short Seller Pile-On
Ladenburg analyst Dick Bove knows who's to blame for the "pounding" Lehman Brother's has been taking. Bove told Bloomberg that you needn't look any further than the wicked short sellers, who are spreading rumors about the bank, in "a concentrated effort to break Lehman," a campaign he thinks might be successful because "it worked with Bear." Damning! Sadly, Bove did not mention any specific names but, knowing the analyst, and how he reacts to man troubles, one need only look to his romantic falling outs for obvious clues, including but not limited to Steve Cohen getting a little too pushy about "going new places together" on the first date, and L-train losing interest and not calling back after Bove finally booked a ticket on the Robbins Express.
Lehman Takes `Pounding' as Speculation Hurts Shares [Bloomberg]