The Big Picture (putting it all together)

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Computerized Front Running and Financial Fraud

While the SEC is busy investigating Goldman Sachs, it might want to look into another Goldman-dominated fraud: computerized front running using high-frequency trading programs.

Market commentators are fond of talking about “free market capitalism,” but according to Wall Street commentator Max Keiser, it is no more. It has morphed into what his TV co-host Stacy Herbert calls “rigged market capitalism”: all markets today are subject to manipulation for private gain.

Webmaster's Commentary:
Common sense has to tell you that in a nation with declining manufacturing and vanishing agriculture, the incredible fortunes being made by the Wall Street insiders are coming from nefarious activity.


http://www.globalresearch.ca/index.php?context=viewArticle&code=BRO20100422&articleId=18809