You guys looking for easy money should try Public Pension Funds. SEC can't stop frauds there.

Discussion in 'Economics' started by wilburbear, Oct 7, 2021.

  1. jys78 and MoreLeverage like this.
  2. LuckyMac

    LuckyMac

    This is really interesting. So many places and avenues that are ripe for the picking. By design or not is the question
     
    wilburbear likes this.
  3. Will have a good look in to this
     
    wilburbear likes this.
  4. JSOP

    JSOP

    Considering the fact that Wall Street is not even able to beat mom & pop investors anymore https://www.bnnbloomberg.ca/goldman...ock-picks-are-trouncing-wall-street-1.1450506, these clueless pension funds is pretty much the only venue that Wall Street is making money. The financial market is a zero-sum game. If someone is winning, someone else has to be losing. And of course we all know how the relationship between SEC and Wall Street is. Is it any surprise that SEC did not investigate Wall Street with regards to pension funds? I mean look at how long did SEC take in investigating Bernie Madoff. And they were literally handed an instruction book on how to uncover the fraud by the whistleblower and all they needed to do is just to ask the right questions.
     
    Last edited: Oct 9, 2021
    jys78 likes this.