Okay. That's weird. Let's dig a bit further. Over here at Bloomberg, are some of those "anecdotes" that Norris mentions. They're pretty detailed. And pretty horrifying.
People who have auction rates, have _actually found a buyer_ and their broker won't execute. UBS. Wachovia. Bank of America.
Okay, we don't like Bank of America. Wachovia is Unspeakably Evil. And that latest lawsuit pretty much nails our opinion of UBS down. Thoroughly. But still. It's not like these are fly-by-nighters.
It's an ugly world out there.