NoFate

CNBC's Gasparino Joining the Plunge Protection Team?

This was done purposely to manipulate the market. The complete lack of real information and the timing are a dead give away. So where are the GD cops??

For those who think this is ok because you are on the right side of the trade remember that this won't always be the case.

Between the Ambac deal itself (which is fraud ...AAA? Really??) and all the market manipulation we are looking more and more like a banana republic.

Apparently George W. didn't F up everything in 7 years. The SEC, Federal Reserve, state regulators, investment bankers and rating agencies are hard at work finishing the job though.