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Pyrrhic Victory – Prosecutor Finds 36 Guilty For The Stock Exchange Crash In 1999

An Athens Appellate Court Prosecutor has found 36 people guilty for the infamous “Athens Stock Exchange Crash of 1999” that caused thousands of small investors to have lost their life savings. As KeepTalkingGreece.com reports, it has taken 18 years for an Athens Appellate Court Prosecutor, Athina Theodoropoulou, to find guilty 36 individuals implicated in the […]

China Regulator Instructs Companies To Delay Bad Results Until After Congress

In the U.S., equity markets have officially reached the phase in the bubble where fundamentals are almost entirely irrelevant and stocks trade up irrespective of whether company earnings are positive or negative…in technical terms you could say we’re in the later stages of the BTFD phase of the economic cycle.  That said, as Bloomberg points […]

Mapping The World’s Trillion-Dollar Asset-Manager Club

In the late 1700s, it was the start of the battle of stock exchanges: in 1773, the London Stock Exchange was formed, and the New York Stock Exchange was formed just 19 years later. And while London was a preferred destination for international finance at the time, Visual Capitalist's Jeff Desjardins notes that England also […]

The Reason Why ICOs Have Been Going Through The Roof…

Authored by Simon Black via SovereignMan.com, First it was Pets.com, and all the unbelievably stupid Internet businesses in the 1990s. Investors were so eager to buy dot-com stocks, all you had to do was put an “e” in front of your business or product and you’d immediately be worth millions. It didn’t matter that most […]

…And The Market Breaks

Having melted up on a sea of momentum since the US open, the stock market just broke… At 1322ET, BATS declared self-help against Chicago Stock Exchange… And VIX and Nasdaq reacted… And chaos breaks out… http://WarMachines.com