It's not a binary situation. There are a lot of factors involved...

It's not a binary situation. There are a lot of factors involved here including market manipulation.
With you it's one or the other. And the other is always oversimplified too. The company's failure? What the failures of other parties? Look I haven't the time to take you apart this afternoon. But what you're saying is blatantly oversimplified and misleading.

But traders do like a good oversimplified and misconstrued 'failure' which 'the market' has 'transparently and accurately valued', to grind their teeth away on....