The first thing I'd say is that there is a role for what we're calling “speculators” in the market. They do provide a huge amount of liquidity to the marketplace. And the reason that—
On August 27th, 2008. See this statement in context.
On August 27th, 2008. See this statement in context.
August 27th, 2008 / 11:10 a.m.
As an Individual
The first thing I'd say is that there is a role for what we're calling “speculators” in the market. They do provide a huge amount of liquidity to the marketplace. And the reason that—
See context to find out what was said next.