Rumor is, someone hit a wrong button somwhere and that's what really plunged the market into the toilet. It snowballed because people thought that it was all about Greece (which is why the market was down anyway). It was very scary there for a while.
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Felix Unger talking to Oscar Madison: "Your horse could finish third by 20 lengths and they still pay you? And you have been losing money for all these years?!"
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