The End of the End of the Recession
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Category Archives: High Frequency Trading
The End Of The End Of The Recession
27-Jul-09Churning CIT, BAC, C
22-Jul-09ZeroHedge:
There is, on the surface, nothing with wrong with this… except that there is, and there is a legal name for it, which FINRA and the SEC use when they impose fines, bars and other nasty things - it is called churning. And what churning does, at least in this macro HFT context, is it [...]
More on this topic
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Possible Breakout Opportunity With Bank Of America
(The Wild Investor, 2/25/10)
CIT Rescue Shows Credit Isn’t Dead
(Investment U, 7/20/09)
CIT Makes Tentative Deal With Bondholders to Avert Bankruptcy
(naked capitalism, 7/20/09)