Good Point! Too many forget that trading is not just a zero sum game, but rather a negative zero sum game (costs of information, commission, opportunity costs...). Like in nature, there is no place for underdeveloped or inefficient species. The really dirty laundry might still come on Wall Street; i read that a senator is going to start public hearings in the congress...
What hypocrisis since all this gambling is as old as Stock Market read for example this article on Stock Gambling in 1846 (in the United State Magazine which was the first creator of the famous slogan: <IMG SRC=http://www.elitetrader.com/vb/attachment.php?s=&postid=248669> ) http://cdl.library.cornell.edu/cgi-...n/moa/moa-cgi?notisid=AGD1642-0018-28&view=75 <A HREF="http://cdl.library.cornell.edu/cgi-bin/moa/pageviewer?frames=1&cite=http%3A%2F%2Fcdl.library.cornell.edu%2Fcgi-bin%2Fmoa%2Fmoa-cgi%3Fnotisid%3DAGD1642-0018-28&coll=moa&root=%2Fmoa%2Fusde%2Fusde0018%2F&tif=00089.TIF&view=75" target="_blank"><IMG SRC=http://cdl.library.cornell.edu/gifcache/moa/usde/usde0018/00089.TIF4.gif></A> Click on the picture for the whole article
Hey guys lets form a company called Independent Research Group INC. and split the loot, not as much as the trial lawyers got from phillip morris but its a start.