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Update Silver Probe By The Cftc Is Still On Going On

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Pillar of the Community

Canada
1723 Posts
 Posted 12/15/2012  12:28 pm Show Profile   Bookmark this topic Add samsnate to your friends list Get a Link to this Message Number of Subscribers
For anyone that has followed the probe by the CFTC, Here is an update regarding that issue. Its about 28 min long but only need to watch first 15min. Talks about the prob, new limits, high frequency trading and new regulations. Some old news and some new. I thought it was worth the listen. And lauren isn't bad to watch either

http://www.youtube.com/watch?v=eMux5ty90g0
Pillar of the Community
United States
3789 Posts
 Posted 12/15/2012  4:02 pm  Show Profile   Bookmark this reply Add yup7676 to your friends list Get a Link to this Reply
This is going nowhere and never will. period.

Furthermore, there are more pressing and important things that CFTC should be doing, such as going after Jon Corzine the corrupt head of MF Global. That's where the CFTC needs to be.

The big banks will always call the shots, this is all noise and nonsense to keep the general public going in circles.
Pillar of the Community
Ed_B's Avatar
United States
4008 Posts
 Posted 12/18/2012  5:32 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list Get a Link to this Reply

Quote:
...such as going after Jon Corzine the corrupt head of MF Global. That's where the CFTC needs to be.

Sure it is but we all know that this is never gonna happen either. Corzine is "connected", which means that he is above the law and therefore untouchable.
Pillar of the Community
Canada
1723 Posts
 Posted 12/18/2012  6:39 pm  Show Profile   Bookmark this reply Add samsnate to your friends list Get a Link to this Reply
The CFTC needs to be a lot of places...just wish they would finish one peice of the puzzle first. Make an example....Others will straighten up, so at least a while.
Pillar of the Community
United States
3789 Posts
 Posted 12/19/2012  9:05 pm  Show Profile   Bookmark this reply Add yup7676 to your friends list Get a Link to this Reply
oh for sure I agree, JC is resting easy. CFTC is a joke and will always be a joke.
Valued Member
Center Pin's Avatar
Canada
178 Posts
 Posted 12/20/2012  1:08 pm  Show Profile   Bookmark this reply Add Center Pin to your friends list Get a Link to this Reply
All I get is "This video has been removed because its content violated YouTube's Terms of Service"
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