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Stock Selloff May Have Been Triggered by a Trader Error
cnbc ^
| 05/06/2010
| CNBC.com
Posted on 05/06/2010 1:58:32 PM PDT by Newton
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didn't see this posted yet... sorry if it's a duplicate.
1
posted on
05/06/2010 1:58:32 PM PDT
by
Newton
To: Newton
Good, the bank better investigate, because all the pornos and barneys over at SEC are having their usual party and the music is too loud to hear the sirens.
2
posted on
05/06/2010 2:00:29 PM PDT
by
unspun
(PRAY & WORK FOR FREEDOM - investigatingobama.blogspot.com)
To: Newton
Let me translate - this is a preemptive strike against those who would blame the administration. It wasn’t the administration, it was an evil (and probably Republican) trader, who made the mistake because he was too busy reading his bible, and donating to Tea Party causes, or so says CNBC.
To: Newton
It couldn’t be because of the any financial crises.....obammy is steering us in the right direction and Europe is a paradise.../s
4
posted on
05/06/2010 2:01:19 PM PDT
by
Dallas59
(President Robert Gibbs 2009-2013)
To: Newton
It was another *dry run*.
5
posted on
05/06/2010 2:02:22 PM PDT
by
wolfcreek
(http://www.youtube.com/watch?v=Lsd7DGqVSIc)
To: OldDeckHand
Then why didn’t the market go back to where it was before the alleged bad trade?
6
posted on
05/06/2010 2:03:07 PM PDT
by
Defiant
(At what point will average Democrats say their leaders have gone too far? Is there any limit?)
To: OldDeckHand
Wait a minute, what was George Bush doing this afternoon?
7
posted on
05/06/2010 2:03:25 PM PDT
by
Newton
('No arsenal is so formidable as the will and moral courage of free men and women.' -Ronald Reagan)
To: Newton
That sort of mistake alone would not result in a 10% drop in the market.
What will the spin be next week when we lose another 400 points?
8
posted on
05/06/2010 2:03:41 PM PDT
by
Carling
(I'm a neo-McCarthyite ... Obama is a Communist.)
To: Newton
Oh good, we can keep spending. Let’s set up 10 or 20 more regulatory agencies so this never happens again. ;-)
9
posted on
05/06/2010 2:04:24 PM PDT
by
rhombus
To: Newton
It was a cyber attack im sure of it
10
posted on
05/06/2010 2:05:05 PM PDT
by
al baby
(Hi Mom sarc ;))
To: Newton
Trades type in quantities in long text?
Punchline coming....
Imagine what would happen if they still used Roman numerals!
"Buy MMM shares at XCIV!... No, I mean (M)(M)(M) shares at CXIV!"
<rimshot/>
11
posted on
05/06/2010 2:05:20 PM PDT
by
sanchmo
To: Newton
Anybody see Soros lately?
To: Defiant
Then why didnt the market go back to where it was before the alleged bad trade? If they knew for certain that it was a glitch the market would have recovered quickly.
13
posted on
05/06/2010 2:07:13 PM PDT
by
Moonman62
(The issue of whether cheap labor makes America great should have been settled by the Civil War.)
To: Newton
14
posted on
05/06/2010 2:07:41 PM PDT
by
Freddd
(CNN is down to Three Hundred Thousand viewers. But they worked for it.)
To: Freddd
I’m thinking a big hit is coming to the U.S....
15
posted on
05/06/2010 2:08:06 PM PDT
by
Freddd
(CNN is down to Three Hundred Thousand viewers. But they worked for it.)
To: Newton
yeaaah!!THAT’S the TICKET!!! f’n idjits....what kindergarden let them out in the real world?
16
posted on
05/06/2010 2:09:06 PM PDT
by
mo
To: equalitybeforethelaw
Anybody see Soros lately?
He’s still alive so he’s around somewhere. When he dies, we’ll know exactly where the evil bastard is.
17
posted on
05/06/2010 2:10:34 PM PDT
by
unkus
To: Newton
Oh, BS!
Who believes anything that tool says?!
18
posted on
05/06/2010 2:12:02 PM PDT
by
maggief
To: Newton
They’re lying. The currency markets tell the true story.
19
posted on
05/06/2010 2:12:15 PM PDT
by
politicket
(1 1/2 million attended Obama's coronation - only 14 missed work!)
To: Newton
This is absolute balderdash. P&G traded 28.5 million shares today.
20
posted on
05/06/2010 2:12:25 PM PDT
by
Blennos
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