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by giantdude
1312 days ago
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Bloomberg terminal is the ultimate device for making information not available to people, so traders can front-run customers, collude, do backroom deals, and other nefarious stuff. I am surprised sheeple don't consider that a crime. I don't think it's the terminal that we are missing, it's transparency. But hey, why not! |
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For example the entire Libor manipulation scandal came about because literally every interaction is on bbg logged for compliance purposes. I'll venture a guess you've never even been in a room with one. Possibly building.