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of thing doesn t happen. stuff like this is always going to happen but at this magnitude, we can t afford too far it in the markets. neil: a good congressman will say we lost a trillion dollars because of computers screwing up. we have to watch their computers. he s going to say that but he should say this is a big liquid global market in witted it s a weird thing. people take the value of 100 shares of stock and attribute it all shares. we have a responsibility to monitor how transactions are to know. in this case the system failed but for a technical reason. there are real uncertainties about this market. no question, that s why it went down as much it did. the system works but it had a glitch today. don, you immediately got the columbo reference, which is pretty cool. a short time ago i stoke with
fast computer systems that lead to this sort of event. that s part of regulation. that s part of what they want to examine, a mistake? regulation is quality control. regulation is good for the markets, good for investors. you can t shoot the computers. you can t turn back technology. computers have to be used in a sane and, if you will, predictable way. neil: all right, dick grasso, i love when eliot spitzer scared everyone and they settled, dick said no, ike i m not going to settle and i beat them and he won. i don t know what happened to him. don baron is here to give his take on this and reuters over there found rioters found a friend here. charley wrangle didn t get the message. a lot of them retired with full pension.