“market manipulation”
September 19th, 2008

I went to assemble my day’s market-neutral portfolio this morning – including, of course, its fair share of shorts – when I came across this fun bit of news:
“The Commission is committed to using every weapon in its arsenal to combat market manipulation that threatens investors and capital markets,”
SEC Chairman Christopher Cox said in a press release. (I got this from Forbes, but it’s everywhere…)
Pretty rich stuff. Talk about manipulating markets.
As a small business owner, I love seeing the taxpayer-financed backstop our financials are getting… Where’s mine?