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It’s bizarre that so many people cling to the myth of market
marvelousness despite massive evidence of market corruption and
inefficiency. People seem to think that each example of corruption or
inefficiency is a bad apple who should be punished. But, of course, we
don’t do that any more. The people behind these examples are being sued,
not indicted. Their corporations may or may not pay up, but no one is
going to jail, and no one is being punished. Every single one of the
responsible people will walk away with a pocket full of dirty money, and
their reputations, if they care about them, will be restored after the
obligatory time away from the media spotlight.
http://firedoglake.com/2014/01/26/the-myth-of-efficient-markets/
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