[ronnie raygun]

testing testing testing.....more from the crime syndicate in Chicago.

[muawiyah]

IWM, which tracks the Russell 2000, LED the markets into the pit.

It wasn't just the DOW that began tanking ~ but all of them.

IWM (and several other Barclay's Bank products) are Exchange Traded Index Funds. These products have frequently been used by hedge fund operators as "banks" while they play Parando's Paradox.

[My Favorite Headache]

Chicago...is anyone shocked? Didn’t think so.

[rightwingextremist1776]

I wonder how short in the market Soros was when it all went “down”?

[Politically Correct]

I don't believe that the plunge was intended.
The intention was to manipulate the market in order to trade on the change.
Unfortunately, other traders and computer trade systems have become wise to this system and will also attempt to trade with the manipulation.
This results in a cascade of trades all in the same direction from a positive feedback loop.
This has resulted in the "brittle" market.

Since it is already against the rules to manipulate the market, and nearly impossible to prove, it's going to take something else to make this kind of action stop.

[combat_boots]

Management

Bernay Box
Chief Executive Officer

Bernay Box was appointed as Chief Executive Officer of Terra Nova Financial Group, Inc. in November 2009. He is the founder and managing partner of Bonanza Capital, Ltd, a private investment partnership. Based in Dallas, Texas, Bonanza is a small-cap investment fund managing money for high net worth and institutional clients. Mr. Box has more than 20 years of investment experience and is a graduate of Baylor University.

Raymond Burley
President and Chief Operating Officer

As the President and Chief Operating Officer of Terra Nova Financial, LLC, Raymond Burley draws on expertise in operations, financial reporting, compliance and audits to direct the delivery of Terra Nova’s exceptional back office functionality, including oversight of the design, implementation and maintenance of its proprietary clearing system. Mr. Burley has more than 20 years of experience in the financial services and brokerage industries, including roles as COO of full-service investment management and brokerage firm Romano Brothers & Company and COO and CFO of options market maker Cutler Group, LP. He holds a Bachelor of Arts degree from Western Illinois University and has earned FINRA Series 7, 24 and 27 accreditations.

Murrey Wanstrath, CPA, CFA
Chief Financial Officer and Treasurer

Murrey Wanstrath was named Chief Financial Officer and Treasurer of Terra Nova Financial Group, Inc. in April 2009 and has served as a Director of the Company since June 2006. Previously, Mr. Wanstrath acted as the Company’s interim Chief Financial Officer, Secretary and Treasurer. As Managing Director with Bonanza Capital from November 2005 to August 2008, he was responsible for identifying and executing investments in small cap public companies. Earlier in his career, Mr. Wanstrath held roles as Senior Equity Analyst for Hibernia Southcoast Capital and Manager in Ernst & Young’s transaction services group. Mr. Wanstrath is a Certified Public Accountant and has earned the Chartered Financial Analyst designation. He graduated from the University of Arkansas in Fayetteville with a Bachelor of Business Administration in Accounting.

http://www.tnfg.com/Company/Management.aspx

[maggief]

Ping!