Here It Is On CNBC: Market Manipulation
Video is about 6 minutes long but the good stuff at the 2:00 mark. Enjoy!
Great link, castlewp!
I think there’s even more telling stuff in the last 1:10 (starts at 5:00 mark). Rick Santelli is calling it right on the money!
Rick Santelli mentions that interest rates are going down but does that matter? Credit card rates can be very high and from what I read, munis and corporate bonds rates are going up. Maybe I’m missing something.
Larry Levin is so comfortable with illegal market manipulation that he talks about it as if it is a strategy. The rigged dice in the casino markets are ok if it keeps the profits going. The insiders recognize the pump ‘n dump system as being their opportunity to steal from others.
Sorry, Larry. Called the time too soon. I really meant to focus from the 5:30 mark where Rick talks about the gov’t pushing the "can down the road".
As for Larry Levin, that’s pretty amazing isn’t it? It’s like they all know what’s going on and will make money no matter what the gov’t does – and the rest of us will be stuck with the bill! Sigh…