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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 652.56-1.5%4:00 PM EST

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To: chartseer who wrote (26801)11/22/2011 8:08:37 PM
From: Hawkmoon  Read Replies (1) of 219074
 
Do you think Corzine had inside information that back fired?

The Conspiratorial side of me is screaming that Corzine, given his position, history, and connections, was asked to provide direct support to propping up European assets. He thought he was in a "safe trade" and would be backstopped, but alas he got too greedy and his crime has now been uncovered.

And now traders are questioning the integrity of the entire system, as well as the safety of their segregated account assets.

Hawk
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