"It seems that the major catalyst for this selling is the fact that the newest large banks primarily J. P. Morgan, Goldman Sachs, and possibly Morgan Stanley as well -- have issued massive margin calls to hedge funds and other professional traders who use these banks as prime brokers."
http://jessescrossroadscafe.blogspot.com/2008/10/margin-call...
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Party like its 1929.
Only thing I don't "buy" is that this is arbitrary.