Saturday, November 20, 2010

Rigged game.

U.S. Pursues Sweeping Insider-Trading Probe - WSJ.com:

Wall St. via NYSE.com

Federal authorities, capping a three-year investigation, are preparing insider-trading charges that could ensnare consultants, investment bankers, hedge-fund and mutual-fund traders and analysts across the nation, according to people familiar with the matter.
 From the outside looking in, this makes investing look like a sucker's bet. Everybody knows that if you're playing a rigged game, and you're not the one doing the rigging, you're a mark.

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