From Tim Melvin at RealMoney;
"My bet? The hedgies and institutions tweak their models and come up with a way to rip the face of the banks and taxpayers and walk away with the bulk of the money."
There is a lot of money to be made from this public/private gambit. The dark underbelly of the above way of of thinking and quote is that if someone is making money, it's a good thing to some people. In totally amateur-hour fashion, higher prices are making me feel better about things.
The market today was a short killer.