Looking again at this picture and the post-mortems for example here by the FT, I have an important question: for any explanation, does it work for a flash boom? Could we have seen a flash boom? I would say we have not (correct me if you think I am wrong), and that a correct theory of what occurred has to not work for a boom. If we had a lot of buy orders that do not specify price (not limit orders to buy), and the slowdown occurred, might we have seen the prices skyrocket? If not, why not?
- .@LAClippers working out with me in St Regis SF gym. Holy crap these guys are tall. 1 day ago
- @AmericanAir thanks - I just want to be SAFE and this is a violation of safety rules and endangers the passengers in the row. 1 week ago
- AIG amusing diversions bailout bank regulation Bernanke CDS derivatives Dodd-Frank Act Euro Debt Crisis FDIC Fed Finance & the Public Interest financial crisis Financial Crisis Inquiry Commission financial reform Goldman Sachs GSEs Lehman Brothers MBS mortgages pensions public finance recession regulation SEC securitization TARP too big to fail Treasury Uncategorized