Treasury announces Wells Fargo warrant auction
ino.com
"The government says it will auction 110.3 million warrants it received from Wells Fargo & Co. as part of its effort to recoup the costs of the $700 billion financial bailout. Financial institutions have been eager to cut ties to the bailout program, known as the Troubled Asset Relief Program, or TARP, to escape various restrictions imposed on banks receiving support. Those include limits on executive compensation. "
I'm not showing up to the auction....
Braniacs working on "circuit breakers" to slow down any precipitous share decline in the larger stocks......they don't even know exactly what happened that 1,000 point day......."gives traders time to think....." its the f'ing black boxes the HFT systems assholes! THAT IS THE STOCK market....you place a "market order" for shares, they get in front of you.....scalp you....it is said most have never had a losing trading day.....fair and open markets?
D
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