| | | gg, what are the odds for positive change in the financial sector? Even if IEX defeats the worst HFT practices, there's a lot more to be done. LIBOR. Fraud. Forex manipulation. Money laundering, tax evasion and much more. Over years we've watched money and power win, every time. Stalling, lobbying, litigating, buying off.
World-wide, political protection rules. With payoffs. Regulators have been de-funded, downsized, de-fanged and de-clawed.
Which CEOs went to jail? Not fines paid by shareholders, but jail? Answer: none.
Great system, eh? >sarcasm<
Jim |
|
