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 'The markets are not rigged,' insists lying US official

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RR Phantom

RR Phantom

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'The markets are not rigged,' insists lying US official Vide
PostSubject: 'The markets are not rigged,' insists lying US official   'The markets are not rigged,' insists lying US official Icon_minitimeTue Apr 29, 2014 6:51 pm

US Securities and Exchange Commission Chair Mary Jo White flatly rejected claims that retail investors are being fleeced by high-frequency traders who can use their speed to jump ahead with buy and sell orders that fetch better prices.

'The markets are not rigged,' insists lying US official PC_wide_Michael-Lewis-is-writing-a-new-book-620x349

"The markets are not rigged," White told a US House of Representatives panel on Tuesday, in response to a blunt question from New Jersey Republican Congressman Scott Garrett.

"The US markets are the strongest and most reliable in the world," she added.

Read more: http://www.smh.com.au/business/markets/the-markets-are-not-rigged-insists-us-official-20140430-37gag.html#ixzz30JoSlEjE
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