Net Net: Promoting innovation and managing change
Net Net: Promoting innovation and managing change

Is Goldman Shorting Morgan Stanley?

The Goldman Sachs booth on the floor of the New York Stock Exchange
Getty Images

Yesterday's stock market craziness spawned a lot of wild conspiracy theories.

Perhaps the most interesting was the rumor that Goldman Sachs was shorting shares of Morgan Stanley .

"Everyone thought Goldman was shorting Morgan Stanley, so people started buying Morgan to hurt Goldman," one hedge fund manager told me.

Got that?

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