Nightmare at the NASDAQ

[HawgWild]

NASDAQ CEO Greifeld is taking a lot of heat today for the way he handled the SNAFU @ NASDAQ yesterday for not getting out information to the general public on what was going on. He was quoted this morning as saying that they sent out "22 trader alerts to the entire community" and informed "the people that had a stake in the game." Cramer takes him to task for not informing the "retail investor" with a press release to the general public. Apparently, the high frequency traders had access and traded in NASDAQ market stocks for 15 minutes after the quotes stopped going out to the general public.

Greinfled definitely showed who he's looking out for.

I'm not a Cramer fan but I've got to agree with him on this. Doesn't every trader have a "stake in this game"?

Apparently not.