Thursday, March 05, 2009

I will likely never invest in the stock market again

Must-read article here. Then watch this CNBC reporter shamelessly tell how he manipulates the market:

This isn't the first time I've read about short-sellers taking down a company - Vanity Fair had this article several months ago how Bear Stearns was basically made insolvent by rumours, propagated by CNBC.

I hear my friend Melissa saying: "We're all rubes! Rubes!!!!"

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