Banks Rebound, as White house press Secretary takes Santelli to task.
Additional confidence in near term market action, as The white house press secretary slammed the free market views of rick santelli and his "Revolution".
Some banks up over 10% in what was a gutsy move by the press secretary..
"Age of "driviatives trader" are over" press secretary says. MARKET REBOUNDS
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
Friday, February 20, 2009
First Not on CNBC
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