It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
Senate votes 61-33 against a proposal to require giant U.S. banks to split up
btw what time did the vote happen and how exactly does it correlate to the big dip? If the vote happen directly after the big dip then you might be on to something
Originally posted by Fractured.Facade
Today was a great buy and sell opportunity... Some smart people could have made a lot of money.
[edit on 6-5-2010 by Fractured.Facade]
Posted by Nathan A. Martin at 12:52 PM
Now, let’s talk about today, the drop was NOT a “fat fingered” mistake. The backdrop was set for a crash with the movement in currencies over the past several days. Today Harry Reid made a statement that he was going to support legislation to break up the big banks and that it and the audit the Fed bill would make it to a vote. KABOOM. The central banks who own all the computers and all the stock hit the sell button. The lesson? Don’t mess with the people who control the money. This is yet another historic event where the central bankers are flat out blackmailing the people in order to get their way. The message is, “keep your hands off or we crater the markets.” - Full Text