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by xx789
2008 days ago
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source? yeah I know its fashionable to say that wall street keeps ripping people off, but banks are so crippled by regulations most hedge funds and small trading firms run circles around them. Big banks only make money from clipping tiny commissions on billions of transactions like a whale eating krill. |
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https://www.goldmansachs.com/s/2012annual/assets/downloads/G...
I was just contrasting that large institutions can short the market and easily move price due to the volume they trade at without being investigated but there is outrage when handful of random guys do and the price collapses.