Astonishingly, as Wall Street reform enters its final hours a tired, generic corporate refrain against regulation is gaining traction. As bigwig bankers and their lobbyist brethren fight to defeat tough new rules on derivatives—the crazy casino that brought down AIG—all their sloganeers can co... Read more...
CNBC’s Maria Bartiroma does not buy the “fat finger” theory, calls it market manipulation ^ Editor’s note: Sabotage or market manipulation? Maybe al-Qaeda did it. President Barack Obama has not ruled out sabotage in Thursday afternoon's Wall Street panic. White House press secreta... Read more...