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Is The Stock Market Rigged? - Dylan Ratigan Video - Ask Brian Sack, He Runs The PPT

Video:  Ratigan interviews Senator Ted Kaufman -- Oct. 11,  2010

Excellent discussion of high-frequency trading (hft), and last week's 60 Minutes report on the flash crash.  Of course there was no mention of the Federal Reserve's role in rigging the market, the PPT or head Fed trader, Brian Sack.





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Reader Comments (12)

Sen. Ted Kaufman Will Replace Elizabeth Warren As Head Of TARP Oversight Panel

Oct 22, 2010 at 7:39 PM | Registered CommenterDailyBail
Oct 22, 2010 at 7:40 PM | Registered CommenterDailyBail
Vatican Banking Fraud Probe Widens: Church 'Astonished' It Must Adhere to Money Laundering Laws

Oct 22, 2010 at 7:41 PM | Registered CommenterDailyBail
Brian Sack Engineers Big Moves at Fed

Oct 22, 2010 at 7:41 PM | Registered CommenterDailyBail
Barney Frank Was Present During Partner’s 2007 Pot Bust… Says He Didn’t Know It Was Pot (Video)


Somewhat funny...
Oct 22, 2010 at 7:46 PM | Registered CommenterDailyBail
The Lawyers Who Fight Foreclosures


Excellent story...free...no sub required...
Oct 22, 2010 at 7:53 PM | Registered CommenterDailyBail
Legal pot means big savings on law enforcement


$1 billion in savings...it's gonna happen...
Oct 22, 2010 at 7:54 PM | Registered CommenterDailyBail
A new report says the burden on California families to support the state workers' pension system could triple within a few years and drag the state down further into the financial hole.

The Milken Institute, an independent think tank, said California's pension obligations to retired state workers already cost each Californian $3,000 every year. By 2014, that cost could go up to $10,000 a year, the group's report said.

Oct 22, 2010 at 7:55 PM | Registered CommenterDailyBail
NEW YORK (CNNMoney.com) -- The foreclosure document fiasco has already caused a major headache for U.S. banks -- and that headache may soon escalate into a migraine.

Oct 22, 2010 at 7:55 PM | Registered CommenterDailyBail
Restore Uptick Rule.
Oct 22, 2010 at 10:09 PM | Unregistered CommenterZ
Only an imbecile could ask that question.
Oct 23, 2010 at 6:25 PM | Unregistered CommenterBig M

D.E. Shaw hires Sack from NY Fed, Ubide from Tudor



D.E. Shaw & Co, a $28 billion hedge fund firm, known for its quantitative modeling, has hired a former top official from the Federal Reserve Bank and an economist from a rival hedge fund, to work in its macro investing unit, the firm said on Thursday.

Brian Sack, had been an advisor to the president of the Federal Reserve Bank of New York and prior to that headed the bank's Markets Group. Angel Ubide, had been director of global economics at Tudor Investment Group and before that worked at the International Monetary Fund.

Together the pair will be co-directors of Global Economics at D.E. Shaw's discretionary macro investing unit.

Note: DE Shaw is part owner of First Wind/UPC.
Mar 7, 2013 at 11:20 AM | Unregistered Commenterjohn

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