How big when it comes. The dow sold off nearly a quarter of its value, wiped ouout in a single day. That would be the equivalent of the dow umbling more than 3000 points today. Still back in 1987 every major blip and bump since we always heard the same stock song and dance, didnt we. Cant happen again. Wont happen again. Too many protections now. The Circuit Breakers that were supposed to arrest panic but did not. The curbs that were meant to ease us into a freefall and ease us out of a freefall that could not. Try as we might new gremlins keep testing our might. That is one thing we learn from market history, the smartest programs, the fancy evident algorithms and uncanny leverage or daring derivative or dont know, savvy swap cant prevent slop. Beware those who say history cant repeat itlf. History proves it always, ways does. To former bb T John Allison who was president of that bank 25 years ago today on the very real warning signs it can happen again today. John, a pleasure to have
How big when it comes the dow sold off nearly a quarter of its value, wiped out in a single day. That would b the equivalent of the dow umbling more than 3000 points today. Still back in 1987 every major blip and bump since we always heard the same stock song and dce, didnt we. Cant happen again. Won happen again. Too many protections now. The circuit breake that were supposed to arrest panic but did not. The curbs that were meant to ease us into a freefall and ease us out of a freefall that could not. Tr as we might new gremlins keep tesng our might. That is one thing we learn from market history, the smtest programs, the fancy evident algorithms and canny leverage or daring derivative or i dont know, savvy swap cant prevent slop. Beware those who say hisry cant repeat itse. History proves it always, always does. To former bb t jo allison who was president o that bank 25 years ago today on the very real warning signs it can happen again today. John, a pleasure to have you. You dont lo
Down the correction has to go, how long it will take and exactly how many more people will be hurt in the process when the market decides, if it decides to turn around. That was then. Back to my hair now, what do you think . You think it cant happen now. You obviously forgotten bumps in the between. The crashette in 1989 triggered by a fail leveraged buyout. 9 11 that stopped trading for a week and brought an avalanche of sales and big sale orders when it did. Financial meltdown four years ago this very month and spurred computer driven trading snafus peppered in between this year. The issue isnt can we have another crash, th issue is how big when it comes. The dow sold off nearly a quarter of its value, wiped out in a single day. That would be the equivalent of the dow umbling more than 3000 points today. Still back in 1987 every major blip and bump since we always heard the same stock song and dance, didnt we. Cant happen again. Wont happen again. Too many protections now. The Circui
How big when it comes. The dow sold off nearly a quarter of its value, wiped out in a single day. That would be the equivalent of the do umbling more than000 points today. Still back in 1987 every major blip and bump sie we always heard the same stock songnd dance, didnt we. Cant happen aga. Wont happen again. Too many protections now. The Circuit Breakers at were supposed to arrest panic but did not. The curbs that were meant to ease us into a freefall and ease us out of a freefall that could not. Try aswe might new gremlins keep testing our might. That is one thing we learn from market history, the smartest programs, the fancy evident algorithms and uncanny leverage or daring derivative or i dont know, savvy swap cant prevent slop. Beware those whoay history cant repeat itself. History proves it always, always does. To former bb T John Allison who was president of that bank 25 years ago today on th very real warning signs it c can hppen again today. John, a pleasuretoave you. You don
That iceberg that sunk the titanic has never been brought to justice. Then how much should voters know about the candidates . Id say more than mitt romney, less than anthony weiner. And my guest, dr. Atul gawande has written about how ideas catch on. I always heard you got them from a toilet seat. Cnn is offering dos and donts for summertime sex. First dont watch cnn. Sthis is the colbert report. theme song playing cheers and applause [ cheers and applause ] stephen, stephen, stephen, stephen, Stephen Stephen you know, folks, you know, folks, what you just did there. [ cheers and applause ] please, folks. Ive got tell you, welcome to the report. Thank you for joining us. That chanting of my name you just did, i dont care what anybody says, thats the song of the summer. [ cheers and applause ] nation, folks, if you watch this show you know i always bring you the hottest developments from around the world. And thanks to Global Warming, it dont get no hotter than the arctic because the no