Wall Street isn't bowing to caps on pay

Wall Street isn't bowing to caps on pay

There are 1 comment on the Fortune story from Apr 24, 2013, titled Wall Street isn't bowing to caps on pay. In it, Fortune reports that:

Regulators overseeing America's banks may be patting themselves on the back for reining in the kind of lavish bonuses critics say almost destroyed our financial system, but little has changed in the amount Wall Street pays.

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Fitchburg, MA

#1 Apr 24, 2013
Wall street is poised to drain the US economy in minutes! I think this is a lesson we should look at.

The next event, big enough to trigger this, something like the hacked tweet, the WH has been bombed, check the chart of the stock exchange. Sunk 150 in minutes, if said event actually happened, Wall Street would have drained the entire stock exchange. What is the measure of the catastrophic event they are triggered on?

One thing for sure, that's the next bursted Wall Street bubble, when the financial thieves of wall street get the opportunity Republicans keep wanting to give them, they will walk with the cash, investors beware! 401K, buh bye.

Beware.

http://business.financialpost.com/2013/04/23/...

The three-minute plunge briefly wiped out $136.5 billion of the S&P 500’s value.
NEW YORK — The stock market briefly dropped, then recovered, after the Associated Press’ Twitter account was hacked and a fake tweet was posted that said there had been two explosions at the White House and that President Barack Obama had been injured.

The AP released this statement at 1:12 p.m.:“The (at)AP twitter account has been hacked. The tweet about an attack at the White House is false. We will advise more as soon as possible.”

The White House said Obama was fine.

The Dow Jones industrial average fell more than 150 points after the fake Twitter posting, then quickly recovered.

More than 180,000 front month 10-year Treasury futures contacts traded in the period between 1:09 and 1:12 p.m. ET.

3 minutes, 136 BILLION!!!!!!

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