Showing posts with label fraud. Show all posts
Showing posts with label fraud. Show all posts

Wednesday, May 25, 2011

Regulators Charge Two Traders for the 2008 Oil Spike

Link + Video

The Commodity Futures Trading Commission has recently accused two individuals for fixing the oil market back in 2008. And the theory goes that the big banking firms may be behind the action, using the two individuals as scapegoats in the scheme.

Is anyone surprised by this?

Thoughts?