Market of manipulators

Published: July 22, 2008
Market of manipulators

Only small investors suffer due to manipulation of stock market and the casinoism practiced by a few big sharks. These insiders-insiders, the big brokers, mutual fund owners, financial institutions, banks, leasing companies etc have intimate, immediate close communication with the on-the-spot stockbrokers. In the worst possible scenario between May to October last year, amidst Lal Masjid bloodbath, murder of Mohtarma Benazir Bhutto, 2008 elections, judicial crisis etc, the market kept rising like a song with out a ripple being caused by these events. Just goes to show, this market is at the mercy of manipulators. -NOORUDIN MOHAMMAD ZANGIS, Bawahalpur, via e-mail, July 12.

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