Quote from mokwit:
Agree, perception is reality in markets, at least for a short while, and this is extreme with financials where it can becme a self fulfilling prophecy. Interesting there is no stock for borrow on LEH anywhere (?) - BSC was the same 2 days before it rolled over and died.
FWIW,
TOS has LEH listed as easy to borrow. Same for BSC . Not sure if that would be the case if you actually tried to short it, but thought I'd mention it.