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  • the flash crash trader story is quite a wierd one, i don't know which side i fall on, yes he may well have manipulated the markets but there are massive firms ( algo trading and high frequency trading ) doing this kind of manipulation on a daily basis, in fact the US FED itself is one of the worst manipulators out there, providing support for any kind of downward trending market and ensuring a rising market for the last 6 years

    there is a nic leeson quote that is quite funny "It's just very, very difficult to see how somebody so small has done something so big."

    £1bn losses nic and you were a small back office clerk, quite an ironic quote

    it's a shame the US regulators don't look a bit closer at their own problems before attacking a small fish, but then how else would they send out a message to the people

    http://www.telegraph.co.uk/news/uknews/crime/11557755/Flash-crash-trader-Navinder-Singh-Sarao-sat-on-27m-fortune-while-his-mother-worked-two-jobs.html

  • Yes, exactly. If he'd made everyone loadsamoney working at a bank nobody would have complained about how he was doing it. But he made himself lots of money, on his own, at the expense of some Americans, so they're just pissed he lost them lots of money and that someone so small managed to exert so much power.

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