Retired Banker21 Feb 2019 19:03
I love your post. Not because it makes me feel good but bacause it is all true. I was involved with Paliament trying to address this issue but it was just a waste of time. No interest nor desire for morality. I had no joy with FSA/FCA/PRA..... they don’t give a *** to be honest. I had to give up as the govt. does not want anything that involves effort. Also involved in VW litigation and that is equally toothless. It truly is pathetic. I am afraid that you speak the truth which is why I like your posts. All done behind closed doors. And they get away with it. After Porsche shafted the shorters the govt. made it illegal. We would have a far more balanced market if that was the case here.
The financial system-inc. stock market- is here to make itself richer at our expense and the convoluted games are quite astounding.
Btw...the poster who says this will be up 50% in a year....more like 6 weeks. 50% is only 1200p!! And Plus 500 is one of tge biggest shafters in the business so they were probably complicit in all this . They’ll do fine.