Author: Anthony Campos
Everything that I stated about the NYSE specialist system was proven
correct. Does the problem of control still persist? Yes, it does.
However, the people and entities that have taken over control from the
specialists are now even more dangerous, because these forces have more capital
and more network resources than what was true of the NYSE specialist system.
However, consider that the specialist firms have all been taken over by the big
banks and big brokerage houses. While the principles of market control remain
the same, it becomes important for investors to realize how these new big
players are employing their strategy against public investors. The financial
vampire system continues. It is all legal under the law, but it is also very
ethically crooked. Every investor should know how the game is being played by
these Wall Street vampires which includes the big banks, brokerage houses and the
financial news media.
Anthony Campos, PhD