Nasty Rumors By Jim Cramer About this article: Aha, a reason to sell off! Some dastardly rumor of a "bank failure" or a "bank bailout" including emergency meetings in Washington and a panicked FDIC. Now that's an irrefutable rumor that can deck pretty much everything. It's out of the blue and gives us a reason to ring the register, and panic and short! Throughout the myriad sell calls, there's been nothing but ethereal logic: real estate not really bottoming, the "coming" commercial real estate crash, the "bear market" of China and the president's anti-capitalist agenda. All fine reasons to sell, but not anything to dump and "get out now" for. Ah, but a bank failure... Something more than just a Corus bank -- how can that be still trading? -- or an ignored judgment of worthlessness about Fannie or Freddie or AIG -- tell me the latter shouldn't have issued 20... Or, call us at 1-866-321-TSCM (8726) Monday-Friday, 8 a.m.-6 p.m. ET. Outside the U.S. and in Canada, call 1-212-321-5200.

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