Diary

Reid's 'bankruptcy' comment drives down DOW

I meant to do something on this myself. $15 billion, folks. Fifteen billion. That’s what the Democratic Senate Majority Leader cost American investors with one stupid comment. – Moe Lane

dow dives

I am shocked, just shocked that the Majority leader’s comment would make such a comment while Wall Street struggles on.

Just classy.

“We don’t have a lot of leeway on time. One of the individuals in the caucus today talked about a major insurance company. A major insurance company — one with a name that everyone knows that’s on the verge of going bankrupt. That’s what this is all about.”