spydat3k asked:


two points in this video: 1) notice that she says: “its not like those buildings are going to fall” 2) the market is at the exact same spot it was in 2001, on September 11th money.cnn.com Financial markets never opened on Sept. 11, 2001, and remained closed for the next four trading sessions. When stocks began trading again on Sept. 17, the results were predictably gloomy. The Dow Jones industrial average plunged 684.71 points, its biggest one-day point loss in history. As the AP, Forbes and others reported, Fridays market closed within a tenth of a point of the closing figure on September 10, 2001: The Dow Jones industrial average is down 22 at 9605.41. That is nearly identical to the Dows finish of 9605.51 eight years ago, the day before the Sept. 11, 2001 terror attacks. www.forbes.com www.myfoxaustin.com agonist.org A case of financial espionage raises questions about Wall Streets proprietary trading practices and exactly what role they play in the market. The perpetrator of the espionage, Sergei Aleynikov, is a former computer programmer and equity specialist at Goldman Sachs. He is alleged to have downloaded secret software at Goldman that is used to direct large volume, rapid-fire trades to exchanges and commodity markets, often just before the close of regular trading. Stocks slip after 5-day advance Stocks slipped Friday, as falling oil prices dragged on the influential commodities sector. CNN’s Stephanie Elam reports.

Share and Enjoy:
  • Digg
  • Sphinn
  • del.icio.us
  • Facebook
  • Google Bookmarks
  • blogmarks
  • Diigo
  • Faves
  • LinkaGoGo
  • MisterWong
  • Propeller
  • Reddit
  • StumbleUpon
  • Twitter

Tagged with:

Filed under: Commodity Trading

Like this post? Subscribe to my RSS feed and get loads more!