Word: buccelato
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Before the market opened - a day before the one-year anniversary of its record high - Sal Buccellato, a currency trader with Gallant FX, warned that not everyone was going to enjoy the end-of-the-year holidays, but he was more optimistic over the long term. Buccelato - who said he made money during the bloodletting - saw a silver lining even for those who lose their jobs. "They'll take a nine-month vacation and the government will pay for that, too" - referring to severance packages, unemployment benefits, unused time-off and other subsidies that would come their way. Greg Barton...
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