My Bad . . .

February 20, 2009 3:54pm by Barry Ritholtz

Sorry about today — it was (according to an emailer) all my fault. (Never mind that the futures were down 140 earlier this morning, and its an expiry) it was my bad.

Actually, this headline references this morning’s Bloomberg radio interview, and it was in the context of Nationalization — common shareholders get wiped out, the stock goes to zero, and owners become the taxpayers and bond holders.

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