When investors don’t have full and honest information, they tend to sell everything
“When investors don’t have full and honest information, they tend to sell everything, both the good and bad assets,” said Janet Tavakoli, president of Tavakoli Structured Finance, a consulting firm in Chicago. “It’s really bad for the markets. Things don’t heal until you take care of that.”
http://www.nytimes.com/2008/10/30/business/30aig.html