On reading the announcement it seems that DB are not the...

On reading the announcement it seems that DB are not the shorters.
Merryl Lynch or the entities associated with them have lent the stock to DB for use as collateral in an unrelated transaction.
My thoughts are that ML have had a requested for $X of BOW from DB so ML shorted the hell out of them so more shares would be required for the same amount. DB have used 16,800,000+ as collateral & then ML start buying on market to make the outstanding shares worth more than the loan amount hence the drop recently then up to $1.20 & now crunched back down after DB repaid the collateral loan.
ML makes a profit from the commission from the loan of the shares & they also make a profit from the amount paid back.
Then they just reallocate the shares to the super funds etc that they have raided for the original transaction to DB.
One big corrupt circle but all legal.
Not much we can do unless the regulators stop loaning stock.
Any other takes on this?
I certainly would be interested!!
Salty