I'm not a wall street hater, but it's not hard to understand why people feel a little tinge of poetic justice about LEH el. al. -

http://www.google.com/search?q=announces+layoffs+stock+price...

I know that this is bogus on so many levels but I'm just saying that the perception is that foreign competition puts pressure on companies to layoff and offshore and then wall street is in the bleachers going wild when layoffs are announced.