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China stocks tumble on Deravitives Trading Scandal
Could be a bad Monday for Wall street! This could be bigger than 2007 crash with AIG when The US taxpayers back The Federal Reserve ponzi scheme on World Banks!
serf
http://money.cnn.com/2015/11/27/investing/china-markets-brokerage-investigation/index.html?iid=hp-stack-dom
Markets in China tumbled on Friday as a government crackdown on the country's largest brokerages widened.
The Shanghai Composite plunged by 5.5%, the worst slide in months, while the main index in Shenzhen fell 6%. Stocks in Hong Kong slumped
2%.
This is the latest development in a government anti-corruption crackdown that has focused on the finance industry as authorities look to finger individuals for the wild market swings earlier this year. The probes recently netted a prominent hedge fund manager and top bank executives.
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serf
http://money.cnn.com/2015/11/27/investing/china-markets-brokerage-investigation/index.html?iid=hp-stack-dom
Markets in China tumbled on Friday as a government crackdown on the country's largest brokerages widened.
The Shanghai Composite plunged by 5.5%, the worst slide in months, while the main index in Shenzhen fell 6%. Stocks in Hong Kong slumped
2%.
This is the latest development in a government anti-corruption crackdown that has focused on the finance industry as authorities look to finger individuals for the wild market swings earlier this year. The probes recently netted a prominent hedge fund manager and top bank executives.
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