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Re: Grauzone post# 7276

Monday, 11/22/2010 1:48:24 PM

Monday, November 22, 2010 1:48:24 PM

Post# of 7332
I'm enjoying it also. But where I come from this is way late and way short. The stock trading system is busted. Add that to the complete mess called the bankruptcy courts and we end up where we are today. Joe blow's money is constantly being diverted to the rich and powerful and narely any of them ever pay the piper.

I'll start with some simple questions for everyone as far as correcting the system, Why are mm's allowed to buy and sell shares of stock while manipulating the price? Why in this world of high tech do we need traders on the floor? Why oh why is congress exempt from insider trading laws? Why are officers of a corporation that own virtually none of the company permitted to run the company into bankruptcy and then exit with hundreds of millions of dollars worth of the "new company" while the true owners (stockholders) walk away flat broke?

I could go on and on and on, but obviously it will not help.

Don't piss down my back and tell me it's raining!

Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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