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RE: These Are The 6 Traders Who Were Just Arrested For Manipulating The Gold Market

in #gold7 years ago

Although it is good that there was FINALLY some action against corrupt traders manipulating the markets, the simple truth is with so many other offenses of corruption and market manipulation that go without any acknowledgment of wrongdoing or punishment for those caught just makes me think there is some politics behind it that they want to send a message since it really is rare and completely arbitrary who they decide to prosecute.

The rule I see most often followed is if you only screw the public (read Muppets) then no punishment, but if you screw the banking system or the banking elite, you are going to be punished

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