Exclusive: Waddell is mystery trader in market plunge!

[crgarcia]

05/14/2010 5:31:13 PM ET
NEW YORK (Reuters)輸 big mystery seller of futures contracts during the market meltdown last week was not a hedge fund or a high frequency trader as many have suspected, but money manager Waddell & Reed Financial Inc., according to a document obtained by Reuters.

http://www.reuters.com/article/idUSTRE64D42W20100514

 

[S2007S]

No one has a clue as to what happened on May 6th, lets just keep it at that, everyday there is another reasoning for that drop.

 

[the1]

It was the Fed telling the government to shove their audit bill up their ass.