Hi Fredkc,
Good find. Interesting article. The more we know (the middle class "Let me invest my money with someone honest" type) the more difficult it is for this sort of thing to carry on.
The interesting thing is that the whole of not only Wall Street, but the investment markets world wide could collapse if this practice is used.
Yesterday an Indonesian man (probably a scapegoat) was arrested for insider trading on Wall Street. What will come next?
Best regards,
Steve
Quote:
Originally Posted by Fredkc
If you have read Matt Taibbi's previous works The Bubble Machine, etc on Rolling Stone, then this new one is more great stuff on our farce of an economy
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