Rick Santelli nor anyone else at the CME represents the investment community. MF Global is all about the GoldmanSachs former CEO screwing CME types whose accounts at MF Global were NOT INVESTMENT accounts but for the most part commodity accounts used to hedge agricultural commodities. Corzine screwed small businessman called farmers in order to satisfy his "investment" brothers at JP Morgan.
I love Rick Santelli because he can be credited in large part for starting the Tea Party but Rick would be the first to tell you that he does NOT speak for the investment community nor does any of the honest, decent, hard working folk at the CME who are really small businessmen.
Rick Santelli has to work hard to keep this story on his network which has purports to be a business network but has become no more than MSNBC lite which is but another way of saying another Obama propaganda channel.
If anyone speaks for the investment community on CNBC it is James J Cramer who is a brother to Corzine as they both worked at Goldman Sachs at the same time.
There was NEVER any healthty criticism of Corzine before the collapse, it was all love and if not for Santelli there would be not criticism of Corzine after the collapse.
For the CNBC crowd to criticize Corzine who is a Democrat elitist of the highest order would be to put the elite in a bad light and risk Barry's re-election.
If anyone speaks for the investment community on CNBC it is James J Cramer who is a brother to Corzine as they both worked at Goldman Sachs at the same time.
....and you’re aware I hope that he would NOT speak for a single honest wall streeter as he is a big time crook leading the worst of the naked short selling fraudsters who hide as hedgefund pros... usually doing the opposite of what Cramer suggests is a good move, since he is out to line his pocket and screw the small investor...
ymmv