Played the stock market once, it was a real eye opener. Purchased a stock at $9/share sold at $13 four weeks later, stock went up to $35 all the while my broker rode me during the stock's climb.
When the stock hit $35 the Toronto Securities seized the stock claiming it was worthless and a fraud.
Anybody remember Greymac? Yep that was the scandal of the 80's.
I have no big problem with the whole Invisible Hand deal. Adam Smith's book is still a must read. What I do have a problem with is the backroom manipulation of the market.
The full segment (3 clips) is available on comedycentral.ca, though the one you posted is the most damning...
Commenting by HaloScan
