I shorted Wachovia Bank 3 weeks ago, and am up approximately 23% thus far. They furthermore fired their top gun today, and I bought the October 2008 Put Option for Wachovia Bank. I would recommend this, but then I'd have to issue pages and pages of disclaimer saying that I can't be held accountable if you lose all your money...
Cheers!
PS, I was looking around for Irwin Financial Corporation put option chains, but couldn't find any...if you do find one, that might be a viable target.
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