Thought it was funny to see the following article published about Merrill Lynch’s being fined. Of course, there is never manipulation of any markets…is there? What I wonder is how much money was lost due to such multi-year scheme by its precious metals traders and how will investors be ever compensated for what they lost. And what are traders up to now? I guess we might or might never find out in a few years, but in the meantime, beware of the big bad wolf!
Food for Thought or Not (or Ramblings from an Innocent Bystander)
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