| OldMcdonald - 11/3/2014 21:09 "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 were really worried about putting up capital to move a market... then how come it happens, again and again... and again, and again? Ah yes. We get all sorts of hearing by the politicians to slap somebody down, heads roll and they are "going to stand up for middle class americans" and pass new laws to keep this from happening again.....And they pass a new law, with new loopholes that will be exploited by the themselves and the lobbyists that greased their palms. They will never give tie their hands - only act like they are closing doors while opening new ones that won't be discovered til the next bubble bursts......again, and again, and..........
Edited by jpartner 11/3/2014 22:17
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Incentive for Market Manipulation
