trader on cnbc was awesome... doing what cnbc hates....
"Ya... Umn.... this is bad..... there are Trillions in toxic paper out there... it's unwinding and it's larger than the U.S. GDP........."
So.... Ya... We are short!!!! Pull them in... put them back out......
Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.
J. P. Morgan
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