per CNBC Charlie Gasparino, Feds actions today were specifically for BSC.
'Traders said there was aggressive demand for "put" options, which give investors the right to sell stock at a specific price in the future. Michael Mainwald, head of equity trading at Lek Securities, told Bloomberg News: "There's an insolvency rumour and concerns on liquidity, that they just have no cash."
http://www.guardian.co.uk/money/2008/mar/11/investmentfunds.subprimecrisis
'Traders said there was aggressive demand for "put" options, which give investors the right to sell stock at a specific price in the future. Michael Mainwald, head of equity trading at Lek Securities, told Bloomberg News: "There's an insolvency rumour and concerns on liquidity, that they just have no cash."
http://www.guardian.co.uk/money/2008/mar/11/investmentfunds.subprimecrisis