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December 21, 2011 02:56 pm PST
Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/TSQEZfaxlyY/complex-systems-institute-clai.html
Complex Systems Institute claims "bear raid" market manipulation crashed the global economy
A paper from the New England Complex Systems Institute claims that they have found evidence that traders executed a "bear raid" on Citigroup in 2007, precipitating the financial collapse. A "bear raid" is a market manipulation technique in which short sellers conspire to dump huge quantities of borrowed shares into the market all at once, [...]Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/TSQEZfaxlyY/complex-systems-institute-clai.html
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