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Gold/Mining/Energy : Gold Price Monitor
GDXJ 127.15+0.4%4:00 PM EST

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To: Enigma who wrote (36135)6/30/1999 12:44:00 PM
From: long-gone  Read Replies (1) of 116857
 
Wednesday June 30, 10:09 am Eastern Time
Merrill Lynch pays $15 mln US CFTC fine
WASHINGTON, June 30 (Reuters) - The U.S. Commodity Futures Trading Commission said Wednesday that Merrill Lynch (NYSE:MER - news) agreed to pay a $15 million fine to settle agency charges that the firm helped Sumitomo Corp and Global Minerals and Management Corp. carry out a scheme to manipulate the copper market in late 1995.(cont)
biz.yahoo.com
+ Merrill Pays Lme 6.5 Mln Pounds Fine From Sumitomo Probe - Lme
biz.yahoo.com
Payed a $15M fine + 6.5Mln Pounds but "neither admitted or denied the charges". What a game! Why didn't someone go to Jail? If copper were manipulated, why not gold?
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