kyzr
Diamond Member
I can't help thinking that the stock market is a rigged game. Its not just that the unscrupulous CEOs and their assorted white collar criminal cohorts can do just about whatever they want. Nope. Its cases like Goldman-Sachs as an example.
They get a $500m fine (without any wrongdoing?!) then in order to pay the fine they could simply use massive leverage to sell the market short, take the sucker's 401k money, and then pay the fine with bozo money. What a country.
Many of my contacts are saying that they are not going to get burned again by the stock market crooks. Hence today's poll question.
If the Feds wanted to do something about it, they would prohibit short-selling and derivatives, only allowing capital raising (job creating) long term investments.
I'm not getting back in until the SEC levels the playing field for small investors.
They get a $500m fine (without any wrongdoing?!) then in order to pay the fine they could simply use massive leverage to sell the market short, take the sucker's 401k money, and then pay the fine with bozo money. What a country.
Many of my contacts are saying that they are not going to get burned again by the stock market crooks. Hence today's poll question.
If the Feds wanted to do something about it, they would prohibit short-selling and derivatives, only allowing capital raising (job creating) long term investments.
I'm not getting back in until the SEC levels the playing field for small investors.