Weep For The Free Market

"Bye, Bye Ms. American Pie This is a historic day for financial markets as the free market system has effectively been put on hold. The implications are profound, not only for the option markets and hedge fund industry, but for the integrity of the system itself. While something needed to be done to avert a market crash, this was a last gasp act of desperation. In many ways, it validates the view that the market would have crashed."