Jared Cohen: Sam, how long under normal operations would it take your people to clear that from our book?
Sam Rogers: What?
--Margin Call
Sam Rogers: What?
--Margin Call
After the +900 Dow pt day post Fed on Wed, Thurs saw -1100 pts. This am the Dow opened -400 in the hole only to claw back to even.
Chatter is that there was forced liquidation yesterday--which makes one wonder about the force behind the post Fed announcement rally that serendipitously brough higher prices for the folks who needed to sell...
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