![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEimzc-Do3KVNuMe0mHDCzqihBl1tG0lkdQZ3fEIz95ZQHscP3-_xbBCe61P3k0XVzsM-3265zZUC75O_er30HzaiCCCMZYwc_wL3EodPAnO19RPUKFx8KX63FuYOxv7EzjYV0cYAR4ARss/s400/cat.png)
Well this is a pretty wild ride and the first time that the market has tanked on the New President. At around noon the President was talking about the White House proposal on "Taxing The Banks". GS was in the front running to the downside, due to the taxing on the bread and butter on the firms income which is "Trading".