Thursday, May 13, 2010

Crony Capitalism -- Statistical Evidence that the Government and the Investment Banks Have Rigged the Stock Market

Crony Capitalism -- Statistical Evidence that the Government and the Investment Banks Have Rigged the Stock Market: "Earlier this week, financial news junkies heard that investment banking giants Goldman Sachs and J.P. Morgan achieved improbable proprietary trading performances this past quarter. Each had a record number of profitable, prop-trading days: all of them."

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