Interesting:
On Thursday, the New York Stock Exchange was brought to its knees by what many reports are saying was “one stray trade” or “one mistakenly stroked key” on a keyboard. Investigators are trying to find the singular cause of the problem that caused the largest point swing in the history of investments.
On Thursday afternoon, CNBC’s Money Honey, Maria Bartiromo, said, “I mean this really sounds like market manipulation to me. This is outrageous.” Her comments weren’t made to colleagues off the record; they were said on the network, in the midst of the meltdown.
Ironically enough, Obama’s financial reform measure languishing in Congress may actually have received a huge shot in the arm by this horrifying result. What an amazing coincidence. Hmmm.
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