goldman sachs algo trade gets them trouble, page-3

  1. 1,971 Posts.
    I had a good laugh this morning hearing this exchange on CNBC....

    Senators Dodd & Shelby on Financial Reform on "Meet the Press"

    SEN. DODD: But we've been through an awful lot now. We've lost almost $11 trillion of household wealth in the last 17 or 18 months, seven million homes in foreclosure, eight and a half million jobs have been lost, retirement incomes have declined by 20 percent, housing values declined by 30 percent, this morning's news obviously about Goldman Sachs. Here we are 17 months after someone broke into our house, in effect, and robbed us; and we still haven't even changed the locks on the doors, and we need to get it done.

    MR. GREGORY: Well, Senator Shelby, I mentioned this is high noon, you've got Democrats saying, "This is it. You're either with us or against us." OK?
 
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