In order to participate in the GunBroker Member forums, you must be logged in with your GunBroker.com account. Click the sign-in button at the top right of the forums page to get connected.

China stocks tumble on Deravitives Trading Scandal

serfserf Member Posts: 9,217 ✭✭✭✭
edited November 2015 in Politics
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.

[

Comments

Sign In or Register to comment.