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Napanee, Ontario | "To me whining about it is pointless(not saying you are), unless you are going to be consistent and complain when its in your favor as well."
why is that?
That's how change happens. People actually make a point to be heard. That's how lawsuits get established, and people like JPM who fraud people out of billions actually get held to at least a fraction of account and pay 6 billion dollars in damages. The people losing are pension funds and wealth funds. Your retirement money. The farmers.. all just a bunch of marks. The fact that it's called manipulation inherently implies that it usually isn't in the general market participants' favor. Hence it being illegal.
EDIT:
the whole capital at risk point is a completely false argument. If that were the case - if boards execs were really worried about putting up capital to manipulate a market, then how come it happens, again and again... and again, and again?
Edited by OldMcdonald 11/3/2014 22:16
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Incentive for Market Manipulation
