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Imagine finding out that the New York stock exchange were buying and selling shares on their own account. They see you bid, execute a trade in between, and t
by jimnotgym 8y ago
Imagine finding out that the New York stock exchange were buying and selling shares on their own account. They see you bid, execute a trade in between, and then fill your bid. This is fundamental, you can't be the global marketplace and be a trader.
Take this one stage further, imagine finding that companies listed of the NYSE had NYSE directors on their board? Imagine finding that this year's hot IPO is a company owned by NYSE. This is what happens when Amazon become the publisher.
It is time to break up Amazon