Even commercial banks are calling out naked manipulation of the market…

Sharing is Caring!

It’s relatively rare to see the commercial banks (“commercial” here means the type of bank one holds an account with, vs. an investment bank) come out so directly against market manipulation, yet here we are…

See also  RFK Jr. is praised for calling out medical industry's 'trick' that jeopardizes America's obesity battle

https://bankingjournal.aba.com/2023/06/aba-rebuts-wall-street-journal-editorial-on-abusive-short-selling/

“You may not see any evidence of manipulation, but the Justice Department apparently has seen enough to launch an investigation, according to Reuters,” Nichols wrote to the Journal’s editors. “We hope that, instead of writing that the American Bankers Association is trying to ‘prop up share prices of challenged banks,”…

See also  Inauguration Day: Trump sworn in, stock market closed for MLK Day.

h/t supertechman


97 views