CNBC’s Rick Santelli has done it again.
During today’s rant, Santelli went absolutely nuts on Jim Iurio of TJM Institutional Services screaming, “The Fed doesn’t have a clue neither does the president neither does congress…Neither does Tim Geithner who gives a speech about the debt ceiling. I’d like to see if he could count to a million much less 16.4 trillion!”
Traders from the CBOT floor then started cheering.
According to colleague Carl Quintanilla, Santelli admitted that he blew a gasket.
Check it out: