I can also only imagine how much naked shorting and such was going on.
Toss in these politicians dumping their stocks based on inside govt knowledge. Hang em.
Chelsea Clintons husband pointed out for bad dealings yet?
As individuals, we are very punitively taxed for short term trading, as compared to long term cap gains. Hedge funds are exempt from that and get special treatment that allows them to churn stocks by the hour. And when they cause financial havoc? The tax payer picks up the tab. When they go bankrupt and fail, the expense is that of the American people. This should have all been long fixed, but the politicians of our country are so crooked that they keep all this in place.