Stock market: rigged.  Money: out of thin air.  Wall Street bonuses: more than all federal minimum wage employees combined.  The pattern recognition skills of the public have GOT to be kicking in by now, yes?


From Zero Hedge (discussing high-frequency trading with “Flash Boys” author Michael Lewis):

Lewis explains the game, exposes the rigging, and slams the mainstream media’s “defense” of this…

LEWIS:  So of course the tourists get fleeced all the time in the poker games, because they don’t know the deck is rigged.  The poker players pay the casino a cut of what they make.  The casinos, operators, pay the tour group – the tour group company money to bring in the tourists.

So in this case, casino’s the exchange, the poker players are the high-frequency traders, and the tour group operators are the banks and the brokers that handle the stock…

View original post 119 more words

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s