The SEC has been issuing subpoenas for an investigation into rumor-driven market manipulation. Of course, Harry Reid stood up in broad daylight to talk about a troubled insurer "with a name that everyone knows," so his contribution was merely obtuse. And predictably destructive. The steep drop in the share prices of insurance companies Thursday destroyed wealth for uncounted middle-class investors holding onto stock in companies still considered healthy.

It calls to mind *Senator Chuck Schumer's public suggestion in July that troubled IndyMac Bank "could face collapse." It did, after a deposit run. Senator Schumer said criticizing his action was akin to blaming "the fire on the guy who called 911." The nation's shareholders would sleep better at night if some Members of Congress enrolled in Arsonists Anonymous.


The $4 Billion Senator*

http://online.wsj.com/article/SB121607771017452513.html?mod=article-outset-box

Was Reid just tickled at the effect he had?
The big, cool dude who is ram-rodding this raping whispered to ol' Harry on the way to the podium,...."Hey, Wanna have some fun? Say something about...pssst...insurance,...pssst.pssst failing...pssst....... and watch their shares sink.
Show that dick Schumer you've got as much power as he does.....snicker."