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Zero Hedge: Why the banks sold off today
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Tuesday, January 26, 2010
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From Zero Hedge:

You read it here first:

"Hearing bank selloff fueled by a competitor 's bank analyst relaying details of his conversation w/ Volker- which had a very hawkish tone. Chatter of a block of citi to trade post close."

A reader points out the following:

Subject: Brad Hintz met with Volcker - quick comments...

FYI, these comments have been making their way around the street due to what Brad Hintz said on today's AM call... I can confirm that Brad met with Paul Volcker and that this is a fair summary of what was discussed...

Read full article...

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This major American industry is fully socialist now

Topics: Banks | Government | Stocks
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