MANIPULATION IS RAMPANT --- Can We Stop It? Message Board

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Pastimes : MANIPULATION IS RAMPANT --- Can We Stop It?

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To: ahhaha who wrote (52)	5/11/2002 2:03:56 PM
From: CountofMoneyCristo	Read Replies (2) of 589

The firms gave the SEC some money to get them off their backs. "Some money." I recall it was $1 billion. I guess they were innocent but decided to pay $1 billion anyway... I guess the two Princeton Mathematics professors who ran a detailed study exposing Wall Street's rigging of Nasdaq quotes so that spreads would be artificially wide just made it up...

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