this post was submitted on 27 Jul 2023
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c/TodayILearned

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TIL that between 2008 and 2016, JPMorgan sent fake buy and sell orders into metals and Treasuries markets to move prices in their favor. (www.reuters.com)
submitted 1 year ago by PostBot@chat.maiion.com to c/todayilearned@chat.maiion.com
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[โ€“] doppelgangmember@lemmy.world 2 points 1 year ago

What!?

Asset fraud and manipulation? By Morgan Stanley??

Color me shocked.

[โ€“] pozbo@lemmy.world 1 points 1 year ago

Oh man, so glad the SEC is all over this. /s

Our system has failed us.