I have written before that the only way out of the Depression we are entering is to arrest the Bankers and to seize their assets for worldwide Debt Cancellation. Today I want to write about the Day After the Bankers are arrested.
Currently, if you pay a fee to the NYSE, you can put your high speed computer ahead of everyone else’s so you can front run their purchases and sales. Suppose a pension money fund wants to sell 100,000 shares of XYZ and your neighbor has money in a mutual fund that has decided to buy that same stock. Front Runners can take $100 million a day from your pensions and mutual funds by seeing the buy and sell orders placed and stepping in micro seconds before their orders are executed. The Front Runner buys 100,000 shares of XYZ and sells it a fraction of a second later at a profit. These profits are taken from both the buyer and the seller. Continue reading “A Serious To Do List For The Day After The Bankers Are Arrested”