Tru Fund News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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

Republic ofUnited statesNew yorkNew hampshireDistrict of columbiaRichard pryorRon paulRonald reaganGeorge bushTom sullivanEdward jonesAlan greenspanBarack obamaBoca ratonAl smithGeorge w bush