"Vengeance is mine, saith the Lord..."
Thanks Big Guy for sending a little my way.
Let's get one thing straight--Mr. Fleming didn't 'resign'. The Board of Governors made him walk the plank, and I hope he got the same treatment I understand he gave others...a cardboard box and fifteen minutes under the eyes of security to clean out his desk.
Unfortunately, I believe it is too late to fix the damage I believe he has caused. Don't know if anybody caught the news late on the Dow wire, but the CBOE set an all-time record for contracts traded last Friday, yet Fleming and his mandarins decided it was a good business plan to get out of the derivatives area.
Nobody likes an "I told you so...", but, what the hell, I told you so.
Happy trading.
Porter
"Todos somos Marcos"
(That sign has hung over my trading post since May 98)
PS: If this sounds a little harsh on Mr. Fleming, well, too bad. He made it personal with me, which I have neither forgotten nor forgiven. |
