The allegations have been vetted by the courts and by Presbyterian and found to be baseless.

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Mr. Strauss-Kahn's attorneys said outside of court that his accuser is motivated by money and that her claims have been proved to be baseless.

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Of course, call buyers who choose to hold onto these contracts for some length of time will see the value of their positions collapse along with implied volatility if the rumors turn out to be baseless.

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