Just a quick note. Similar to the case with Seeking Alpha, we have evidence that Schwab and E-Trade are now facilitating manipulation of securities via moderator control of their online communities, which serves as a place for the blind (Schwab and E-Trade employees) to lead the blind (Schwab and E-Trade customers).
You will recall that Schwab refused my offer to speak for free at a trading forum in March of 2008, where my intent was to warn their customers of the collapse.
In addition, E-Trade has partnered with numerous sites (in exchange for monetary compensation), such as Motley Fool (complete idiots), Minyanville (hacks, chumps and idiots) and Seeking Alpha (complete idiots), offering promotions for newsletters offered by the former two, while positioning the trash of Seeking Alpha under their research category.
This is a prime example of selling the best interests of your customers to the highest bidder.
Perhaps Schwab and E-Trade have forgotten that they ae broker-dealers, and are subject to very specific securities laws.
Once the facts become known by securities regulators, it could result in some bad consequences for each of these brokerage securities. More important, people are being led into the slaughterhouse by these criminal organizations.
I'll let all hedge fund managers who see this as a problem take appropriate actions.
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