Reality is a bitch. Remember how the kept saying how LEH had a buyer? First the Koreans, then Arabs, the a Japanese bank. A few days later LEH went under!
They spread lies to try to avoid a sell off, all it did was delay it. LEH raised tons of capital but the still went under. Now look at BAC, they too raised a ton of money but they are still in need of much more. As each day passes their spin will turn back in to reality.