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Is the U.S. stock market rigged?
CBSNews ^ | Mar 30, 2014 | Steve Kroft

Posted on 03/31/2014 8:56:49 PM PDT by Ray76

This month marks the fifth anniversary of the current bull market on Wall Street, making it one of the longest and strongest in history. Yet U.S. stock ownership is at a record low and less than half of Americans trust banks and financial services. And in the last two weeks, the New York attorney general and the Commodities Futures Trading Commission in Washington have both launched investigations into high-frequency computerized stock trading that now controls more than half the market.

The probes were announced just ahead of a much anticipated book on the subject by best-selling author Michael Lewis called "Flash Boys."

(Excerpt) Read more at cbsnews.com ...


TOPICS: Books/Literature
KEYWORDS: bookreview; obamarecession; obamataxhikes; occutard; occutardation; occutards; redistribution; reparations; stevekroft
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To: Ray76

Where does everyone think that QE money is going?


41 posted on 04/01/2014 5:40:11 AM PDT by cuban leaf
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To: Theophilus
If your broker charges you for cancelled orders or unfilled orders, then it's time to change your broker.

Some brokerage houses charge you extra for “Limit” orders.

If so, shop around, get a new broker.

42 posted on 04/01/2014 12:59:27 PM PDT by zeestephen
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To: AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; cardinal4; ColdOne; ...

Steve Kroft


43 posted on 04/01/2014 2:41:45 PM PDT by SunkenCiv (Obama is now making Jimmy Carter look like Attila the Hun. /focus/news/3138768/posts)
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To: pallis
Those who manipulate the market for financial gain do it at the expense of the elderly, the workin man.

Money doesn't just evaporate into thin air. The last market crash separated investors of hundreds of billions of hard earned dollars.

They'll get theirs in the end.

44 posted on 04/01/2014 3:24:03 PM PDT by servantboy777
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To: Red in Blue PA

45 posted on 04/01/2014 3:27:48 PM PDT by caww
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To: zeestephen

If I want into a stock, I believe it will rise significantly. That being the case, I don’t care about pennies.


46 posted on 04/01/2014 6:46:50 PM PDT by Red in Blue PA (When Injustice becomes Law, Resistance Becomes Duty.-Thomas Jefferson)
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To: zeestephen

I was not even thinking in those terms. I was thinking of the time, effort and opportunity costs one takes to decide to place an order.


47 posted on 04/01/2014 9:45:22 PM PDT by Theophilus (.)
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To: Theophilus

If you feel the stock market may be rigged, bail out entirely.

Focus your time and effort on real estate, or antique furniture, or start your own business.


48 posted on 04/02/2014 1:24:01 AM PDT by zeestephen
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To: servantboy777; All
money doesn't just evaporate into thin air

But it does disappear into cyberspace. I had a crazy thought, since coincidence is rarely just that:

This problem seems to coincide with the emergence of the bitcoin. Could this be the elusive source of bitcoin value?

49 posted on 04/02/2014 9:25:54 AM PDT by grania
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