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Frederick Miles
Bloomberg Television
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Comments by "Frederick Miles" (@frederickmiles8815) on "Wall Street Firms Said to Face U.S. Block Trading Probe" video.
Walls are closing on the criminal cartels who have manipulated price discovery via security lending and settlement fraud. I wonder if the DOJ will go after the sleazy media outlets who pump the short hedge fund narratives next ;-) Block trades are the mechanisms Short Funds use to execute short attacks and elongate the tape - trading shares in blocks, offline between each other at the lowest reported price to artificially lower the price in real time. All driven by algo's - kudos to DOJ and SEC - great work, keep it up.
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