Anne Crowley Is A [Expletive] Liar

 On the Fidelity.com Web site, trading volume was 25% higher than the company's previous high, according to Anne Crowley, a company spokeswoman. She says, “There was some intermittent slowness shortly after the market open for about one hour.” [Emphasis added]

Intermittent slowness? 

...good ol’ Fidelity blew up shortly after Friday’s open, delivering prices (more or less) but declining to provide account balances or accept orders for more than 30 minutes...and, of course, refusing to answer the phone (or, more precisely, putting callers on hold for 25 minutes (at which point, in my case, my phone battery died))...

Delays Snarled Online Trading

By Diya Gullapalli and Jennifer Levitz

The Wall Street Journal Sep. 22 2008

Earlier on NakedShorts:

Friday’s failures: Busted trades all over

Sep. 22 2008

Comments

[cocomurph:]

Your being put on hold for 25-30 minutes during a time of extraordinary market volume is hardly grounds for such a headline.

Have a bit of perspective...and chill out!

2008 Sep 23 10:32 AM