I work in a sim training environment and hear a bunch of different "theories" some of them wackier than others. The one that is bugging me right now is you don't really need to do anything with a fire engine light. I agree you don't need to do anything quickly but to do nothing (not even engine to idle to check bleed air leak) and let the engine just fall off is nonsense. Where do these theories come from and I have heard it several times, in the minority, but they have convinced themselves it is OK. Has anybody seen documentation on this or is this just an old hangar flying story?