Saturday, May 03, 2008



Gambling with other people's money

The Guardian has an insider's view on the endemic low-level insider trading and casino atmosphere in the London financial markets. People for whom its all about the thrill of the deal using inside knowledge to gamble with other people's money, pocket the profits for themselves, and dump the losses on clients and the public - that is when they're not just running pure pump and dump scams.

I wonder if its the same here?