New trading scandal on Wall Street

[toxic2k7]

corupt bankers. WELL I NEVERRR!

[athrunmanly]

all american bankers need to be castrated!!!

[liesashan]

learn forex secret at bit. ly/bestforex

be a master forex now

[kellerr13]

I don't believe anything that comes via REUTERS

[deathmarch5]

get off the gold standard and this is what you get greedy people inflating the currency.

[Metatron27]

it comes from thin air. watch zeightgeist

[lijepiismet]

I need somethin reall for short. Last time a did WHI. Great. Anybody?

[doGikanunnA]

NEW trading scandal? The whole Nyse thing is a scandal. Stock Exchange? don't make me laugh...it's a casino. Dollar it's just beggining to reflect the US scam. And then U will sac euro's dick.

[AirelonTrading]

Don't suppose you drink Coca-Cola? Rent or watch movies? Eat at McDonalds? Drive a car? Have a Television? TYPE AT YOUR COMPUTER!

Without the stock exchange, you HAVE NONE OF THAT ! ! ! Where do you think civilizations wealth has come from? Thin air? Where do you think these companies get money to get YOU products?

Lord.

TRADING is zero sum. INVESTING is not. Learn the difference.  It's economics 101

[MohammadX101]

"Where do you think these companies get money to get YOU products?

from the taxpayers, defrauded investors, shareholders, consumers in the US and around the world. they certainly didn't mass a fortune by selling lemonade but by fraud, of course.

How do you get a rag-peddler from the eastern europe like george soros to quietly mass a fortune and store it at swiss banks? insider trading, fraud, swiss banks and bail outs.

[dynamoehummm]

Power is the primary motivation for educated politicians. I wonder why we haven't seen politicians be corrupted by 'power'. scratching chin.

[dynamoehummm]

These traders,some of the smartest folks around, and they chose the most lucrative field available. Their 'greed' is their primary motivation. So a cross section of traders would not be like the first two. Though educated, 'greed' is the highest motivation in this group; making me wonder about their ethics.

[dynamoehummm]

Intelligence doesn't equate to wisdom. I would think that education might help instill some learned morality, ethics, etc. Take a cross section of say scientists with a PhD, vs the same in a group who didn't finish high school. I would think the scientists would have a higher sense of right and wrong, the difference being learned.

[flyingcutie]

The truth according to the NASD broker check is that many major financial institutions have had huge fines levied against them. I advise everyone prior to investing to ask for form "ADV" which is their disclosure of conflicts of interests. They are required by law to give form "ADV" to you. You must ask for it because they will not give it freely. Many large investment banks were notorious for pushing ENRON during their rise and fall

[flyingcutie]

Many execs get off with no more than a tap on the hand for stealing your hard earned money. If an ordinary citizen took money from someone they would be locked up for years. Find out what the relationship is of the investment bank to the companies they are suggesting you invest your money. Brokerages are just salespeople pushing a product. Sometimes it benefits them but not the client because of commissions. Not all are bad though so you have to do investigative work.

[Konig1985]

insider trading happens all the time

but ppl do it so skilfully that very few ppl get caught

[Foober]

Insider traders are heroes not criminals.

[kizzzer01]

What the heck are you talking about? Heroes? Try that line with the SEC and tell me how that plea works out!

[omitsura]

1. SEC has some bright people, but they support not the best system.

2. Milton Friedman would strongly disagree with you, but what does he know about anything.

[kizzzer01]

I stand by what I said. Inside traders aren't heroes. They are acting on greed to get them in or out of a position based upon info that they shouldn't (under normal circumstances) have access to.

Insider trading is against the law and can get you jail time if convicted. Thats all I need to know to suppress my "heroic" urges.