Replaying The Flash Crash

Tyler Durden's picture

Just because it was less than half a year ago, and just because it is certain to occur again, and just because so many have already forgotten what that "end of the world" feeling was like and are back to collecting pennies in front of an out of control rollercoaster, here is, once again, the historic CNBC footage from May 6, in the minutes leading to the 1,000 point drop on the Dow Jones, when the Fed lost all control. Hopefully this will remind all those who are supposed to fix the market, yet continue to merely enforce the interests of those who brought the market to this pathetic state, just how many tens of trillions of dollars are at stake.

courtesy of Nanex