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Strategies & Market Trends : The Residential Real Estate Crash Index

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From: bull_dozer10/30/2009 4:21:01 PM
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Goldman Lobbies Senate, Says Full Transparency Sucks

Instead, the bank argues that an over-the-counter market in which big traders like Goldman get to do deals in the shadows in “dark pools” without the retail investor having any knowledge of what the hell is going on is somehow better for everybody, that this somehow produces better prices. Of course the reality is that the two-tiered system creates one pool of fools whose every movement is visible to every animal on the Serengeti, and another pool of giant bloodthirsty carnivores who get to walk around invisible, picking off the dik-diks one by one.

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