Just two years after the global financial crisis that threatened to destroy the banking industry, Wall Street bonuses have hit a record high. According to The Wall Street Journal, employees at America's biggest banks are set to reward themselves with $144 billion in compensation and benefits this year. Karl Denninger of The Market Ticker believes that if you are a banker it seems you are immune to prosecution, originally under the Bush Administration and now under the Obama Administration.
Wednesday, October 13, 2010
Is the stock market rigged? Dylan Ratigan Show
Dylan Ratigan--October 11, 2010—Sen. Ted Kaufman talks about why new government rules are necessary for high frequency trading.
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