Revealed: Hedge fund managers betting on plunge in bank shares

The regulator has a market abuse team that will be actively monitoring for companies who have not disclosed their short positions. Several announcements came in late. The FSA spokeswoman said: "We will probably just have a little word to find out what's going on, but nothing more than that."

Because as we all learn in stock markets 101, betting that a share will fall is evil whereas betting that it will rise is good and virtuous (even if it is a garbage company).

Thanks again FSA for the free short ideas and hedge fund research.