Give me a break...GNW dropped because of "mortgage spilloff issues"....not because of Knight trading issues. If it were Knight, why is GNW still trading at its lows of the day??????? Please don't waste peoples time with comments like that.
Baloney, the problem originated at KCG's trading dept.
See link below:
Big liability problem. hopefully they're fully insured for this kind of thing, if not, big trouble.
Who's their insurer? Lyods of london?