- Joined
- Mar 18, 2011
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Gotta love this...one Big bank is being investigated and sued for fraud over Facebook and another big bank loses lots of money
One makes a 100,000,000 the other loses 20,000,000 and others lost even more...must be the snakes cant feed off the middle class anymore...they dont have anything left...so they are feeding off themselves now.
Citigroup's Automated Trading Desk (ATD) had trading losses of around $20 million stemming from Facebook's botched initial public offering on Nasdaq OMX Group's U.S. exchange, a source with knowledge of the situation said on Friday. The unit's losses were in addition to claims by market makers Knight Capital Group and Citadel Securities, which each had losses of $30 million to $35 million.
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One makes a 100,000,000 the other loses 20,000,000 and others lost even more...must be the snakes cant feed off the middle class anymore...they dont have anything left...so they are feeding off themselves now.
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