Odey Hedge Fund Discloses Short Position in Bradford & Bingley

Odey Asset Management LLP, the $5.1 billion fund manager set up by Crispin Odey, holds a short position in U.K. mortgage lender Bradford & Bingley Plc, according to one of the first filings under new U.K. rules.

I wonder if the new rules will backfire. After all, I'm far more interested in shorting a mortgage lender if a bunch of hedge funds have large short positions in it. They probably have done their homework...