Tuesday, May 11, 2010

Wall Street Investigation Continues, No Answers Yet

The New York Times updates us with what the government is investigating regarding Wall Street and what may have happened on Thursday May 6th.
  • “That trader entered the market at around 2:32 and finished trading by around 2:51,” Mr. Gensler said in his testimony. “The trader had a short futures position that represented on average 9 percent of the volume traded during that period.”

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