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Strategies & Market Trends : From the Trading Desk

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To: David Smith who wrote (2125)12/26/1997 6:11:00 PM
From: henry jakala   of 4969
 
just wondering what your thoughts are on the $910,000,000 in fines recently levied against "reputable" wallstreet market making firms for their parts in price fixing and collusion

seems to me they'll take the hit in fines and return to business as usual - it's just too lucrative a game ripping off the public

what's really surprising is that no criminal charges have been brought against these racketeers !
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