"We risk becoming the best informed society that has ever died of ignorance"
- Rubén Blades

"You can't make up anything anymore. The world itself is a satire. All you're doing is recording it"
- Art Buchwald

"It's getting exciting now, two and one-half. Think of everything we've accomplished, man. Out these windows, we will view the collapse of financial history. One step closer to economic equilibrium"
- Tyler Durden

"It is your corrupt we claim. It is your evil that will be sought by us. With every breath, we shall hunt them down."
- Boondock Saints

Thursday, November 10, 2011

Rick Perry Falls Victim To Quote Stuffing

From ZeroHedge:
1 minute 40 seconds into this clip is where Rick Perry's presidential chances flash crash. Literally. As the attached InTrade chart shows, the Perry presidential contract imploded from a prevailing level of about 9 by 60% to 3 in the span of milliseconds, and has since dead cat bounced to about a 50% decline. Who would have thought that the vacuum tubes have now taken over presidential odds as well? As for Perry's presidential chances, this being America, where the population gets precisely the president it deserves, we would not be at all surprised if this epic moment of self-humiliation did not just cement Perry's election chances. In other news, ISDA has just declared all CDS written on Perry to be untriggered as his political suicide was completely voluntary.

And the actual Flash Crash. Source: Intrade


Posted by Paul Revere at 11/10/2011 06:35:00 AM