Reuters exclusive with Mobius makes splash

A Reuters Oct 13 interview with emerging markets investment guru Mark Mobius grabbed headlines and prompted calls by clients relieved with his views amid the world financial crisis. Mobius said markets were bottoming and that fears of a long and drawn out global recession were overdone. Brokers called to say they were relieved to to hear a contrarian positive viewpoint as the financial meltdown pummeled shares. Mobius also called for an end to short selling, which he called gambling. The interview was widely picked up by financial websites and papers the following day.