On the recordMay 5, 2010
But I am sorry, sir. Sophisticated--even if they are not sophisticated, anybody that puts a market order in knows exactly what is going to happen to a market order.
Said by
Jim Bunning
Source
congress.govBut I am sorry, sir. Sophisticated--even if they are not sophisticated, anybody that puts a market order in knows exactly what is going to happen to a market order.
Bunning emphasizes that market order users should understand the implications of their trades.
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Are the Fed and the GSEs going to aggressively pursue pull-back of mortgages to the originators and investment banks to reduce taxpayer losses?
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