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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: LTK007 who wrote (83983)7/21/2007 7:08:53 PM
From: stan_hughes  Read Replies (2) of 110194
 
We're on the same page about the dark pools, max -- Message 23614546

When the institutions succeed in going underground, there won't be a bona fide public auction market for individual investors anymore, just a lot of OTC-style price rigging between players inside the banking/finance oligopoly

I initially thought dark pools were some kind of rent-seeking scheme designed to set things up so they could fee the access to it, but I'm starting to believe it's more evil than that -- I'm against anything that takes price discovery information off-line where only the chosen few can see it
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