Monday, December 19, 2016

This guy made his money on a deliberate SEC rig

President-elect Donald Trump has announced the nomination of Vincent Viola as secretary of the Army. Viola is a retired paratrooper, former chairman of NYMEX, founder of HFT trading powerhouse Virtu Financial and current owner of the NHL’s Florida Panthers team. The Brooklyn-born Viola graduated from West Point in 1977 and served in the 101st Airborne Division. After his active service ended, he worked as a trader at the New York Mercantile Exchange (NYMEX), where he became chairman in 2001. In 2008, he founded Virtu Financial.

Thr NYSE ids a government monopoly, essentially.  It promises billions if you move your equipment closer to the pit.

How does government deliberately send billions to a singe individual, and Liz Warren our defender is completely mystified.  How dies this happen?  Why is it I am the only blog, me and Matt Levine, who noticed this crap?  How is it none of the Gaggle flying car kids know this, I though they were all into network technology?

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