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Interesting that the Times ignores that Goldman Sachs was the Big O's, and Democrats', biggest private contributor in 2008. Or that GS may have manipulated the sub-prime bubble that caused the recession. Or that they are a driving force behind cap-and-tax. There's a good article at American Thinker that outines it.
1 posted on 07/24/2009 8:31:50 AM PDT by NMRed
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To: NMRed
This article could explain a lot. Huge profits at GS, weird movements in the market and unexplained patterns of trading. If true, it amounts to the same advantage as insider trading - knowledge available to a charmed few that is denied to the average trader. I was surprised that you can get advanced information for a fee.
2 posted on 07/24/2009 8:50:11 AM PDT by I am Richard Brandon
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To: NMRed
High Frequency Trading Is A Scam.
5 posted on 07/24/2009 9:15:02 AM PDT by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
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To: NMRed

Actually, that’s not what “high frequency trading” is, and Wall Street has been “peeking at customer orders” from the beginning. Going electronic just meant that, once they staffed up with Indian and Asian programmers, it was easier to do and harder to hide.


13 posted on 07/24/2009 2:35:48 PM PDT by the invisib1e hand (The revolution IS being televised.)
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