I think he knows the timing is very bad but has no choice. You guys are all screaming how bad this is, well if he didnt do it do you not think the market would crash BIG today? Did the action of all other markets overnight not say crash? Poole is an idiot!
taking the markets from down -6% to down -3-4% in the last 25 mins with this fed cut has helped how many people who were getting margin calls this morning?????