I have just got to stop it. Looking at the HBOS share price is like watching a train wreck. Today, it is down 11 percent already. Another week of 30p price drops and the bank will be worthless.
More worryingly for the FSA, the Bank of England and the underwriters, the share price fell below the price of its ₤4 billion rights offer.
The share price collapse looks a lot like panic.