The stench that is Wall Steet

Discussion in 'Wall St. News' started by nitro, Feb 18, 2011.

  1. nitro

    nitro

    "A Delaware court decision that found Barclays Capital "secretly and selfishly manipulated" the sale of Del Monte Foods Co. (NYSE: DLM - News) has become a shot across the bow for other Wall Street firms, many of whom have used similar sales practices in the past."

    http://finance.yahoo.com/banking-bu...ZXMEc2xrA21hbmlwdWxhdGlvbg--?mod=bb-budgeting

    One day historians will look back and say, how did a people allow their money collectively to fund these shysters? I guess the rule is that as long as I get mine, I don't care who gets theirs...

    The jungle is alive and well.
     
  2. olias

    olias

    I'm afraid it will still continue.
     
  3. They can just pay a small fine and admit no wrongdoing.