>paying what in retrospect will have been an excessive price This can be said about any negative price movement. You still get the same amount of oil you agreed to regardless of if the price goes up or down afterwards.
Grand Theft Oil Futures: Insider traders keep making a killing at our expense
61–70 of 367 posts
Re: Grand Theft Oil Futures: Insider traders keep making a killing at our expense
#62Earlier quoted context omitted.
The war must continue in order to bring us to the status quo that was in place before we started the war. I hope that everyone responsible for this is enjoying every cent of what they get to pay at the pumps.
> I hope that everyone responsible for this is enjoying every cent of what they get to pay at the pumps. As if the people responsible actually feel the impact of their choices to that degree.
(Not to imply that many Democrat politicians aren't also owned by AIPAC and big business.)
Re: Grand Theft Oil Futures: Insider traders keep making a killing at our expense
#63Earlier quoted context omitted.
The war must continue in order to bring us to the status quo that was in place before we started the war. I hope that everyone responsible for this is enjoying every cent of what they get to pay at the pumps.
> I hope that everyone responsible for this is enjoying every cent of what they get to pay at the pumps. As if the people responsible actually feel the impact of their choices to that degree.
Re: Grand Theft Oil Futures: Insider traders keep making a killing at our expense
#64The worst part is the sharp changes in the price being traded aren't achieved by magic but rather with guns & actual human suffering
“Buy when there is blood in the streets, even if it is your own.” — Baron Nathan Rothschild
https://medium.com/@douglasp.schwartz/buy-when-theres-blood-...
Re: Grand Theft Oil Futures: Insider traders keep making a killing at our expense
#65Earlier quoted context omitted.
Businesses require investment and a helicopter charter is probably less than a year of office space.
“The law, in its majestic equality, forbids rich and poor alike to sleep under bridges, to beg in the streets, and to steal their bread.”
Re: Grand Theft Oil Futures: Insider traders keep making a killing at our expense
#66[flagged]
This kills the crab.
(investors are driven out of markets when it is obvious that they are being cheated)
> The truth is that any empire needs to pick off rivals and rob them, in order to keep the empire going.
This also kills the crab. (And most of us along the way: we're already in a limited kind of world war, the sort of thing that has a history of escalating)
Who else here is old enough to remember when Martha Stewart got jailed for insider trading?
Re: Grand Theft Oil Futures: Insider traders keep making a killing at our expense
#67Re: Grand Theft Oil Futures: Insider traders keep making a killing at our expense
#68Earlier quoted context omitted.
> I hope that everyone responsible for this is enjoying every cent of what they get to pay at the pumps. As if the people responsible actually feel the impact of their choices to that degree.
Arguably people who voted for Trump are somewhat responsible, and include a lot of car drivers. (Not to imply that many Democrat politicians aren't also owned by AIPAC and big business.)
Re: Grand Theft Oil Futures: Insider traders keep making a killing at our expense
#69Earlier quoted context omitted.
A market maker who doesn't know if their counterparty is a Trump insider looking to fleece them must ask for a bigger safety margin to cover the risk they are taking -- and not just from the insiders. Honest participants in the market get taxed in order to provide the insider payout. This is extremely basic incenive / money-flow tracing and "setting aside corruption" is a premise that has the hairs on the back of my…
>A market maker who doesn't know if their counterparty is a Trump insider looking to fleece them must ask for a bigger safety margin to cover the risk they are taking -- and not just from the insiders. Honest participants in the market get taxed in order to provide the insider payout. That's still corruption. Your argument about other participants being "taxed" applies for other sophisticated counterparties as well,…
Other than that, Mrs. Lincoln, how was the play?
Re: Grand Theft Oil Futures: Insider traders keep making a killing at our expense
#70Earlier quoted context omitted.
Look, just come out and say you’re okay with them doing what they’re doing. Stop making arguments that are just verifiably untrue. > Amends the Securities Exchange Act of 1934 to declare that such Members and employees owe a duty arising from a relationship of trust and confidence to Congress, the U.S. government, and U.S. citizens with respect to material, nonpublic information derived from their positions as Member…
>Look, just come out and say you’re okay with them doing what they’re doing Don't put words in my mouth. Moreover I'm not sure how you can come to the conclusion that I'm "re okay with them doing what they’re doing", when I specifically acknowledged they have a duty not to leak classified intel. >Members and employees owe a duty arising from a relationship of trust and confidence to Congress, the U.S. government, and…