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Category Archives: Main Page
HFT “market maker” wild west continues
Bart Chilton, Commodities Futures Trading Commission, explains why he’s going after a high frequency trading practice (HFT) that artificially boosts volume. Here is a direct link.
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Cyprus bailout reminds of EU risks and coupled global markets
Mohamed El-Erian, Pimco CEO and co-CIO, discusses the controversial bailout plan for Cyprus which would tax bank deposits, and explains how the proposal has inflamed the situation by including small depositors. Here is a direct link. Also see El-Erian’s summary … Continue reading
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Rosner: JP Morgan is out of control
JP Morgan has been touted by politicians, the Fed and egomaniac CEO Dimon himself as the best of the US banks. This gives us a sense of how low the bank standards and ethics really are. Graham Fisher’s Josh Rosner … Continue reading
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