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.
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.