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Rick Santelli Leads A Revolt At The CBOT


If you missed CNBC this morning, here’s Rick Santelli going off about Obama’s mortgage bailout plan and the strongly positive reception it got from the traders on the floor:

Frankly, I think this is a sign that the criticism of Obama’s mortgage “relief” plan — especially the argument that it is rewarding irresponsible practices by lenders and homeowners — might just hit a nerve.

Cross-posted from Below The Beltway