Spoofing gold price 'common' at Bear Stearns, ex-trader says
“It was pretty widespread” on the precious-metals trading desk, said Corey Flaum, a gold and silver trader.
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“It was pretty widespread” on the precious-metals trading desk, said Corey Flaum, a gold and silver trader.
Big hedge funds like Moore Capital Management and Tudor Capital Corp. were so important to JPMorgan Chase & Co. that its precious-metals traders routinely manipulated gold and silver markets to get the best prices on client orders, a former...
An attorney defending former JPMorgan traders accused of spoofing the commodities market attempted to undercut the credibility of a former colleague testifying against them Thursday by pointing out he had lied in a deposition about another trader fired for spoofing.
A jury found 28-year-old Dakkota Siders guilty of second-degree murder, among other charges in the death of Barbra J. Harper.
A former trader who's admitted to spoofing the market at JPMorgan Chase told an Illinois federal jury Tuesday that he learned about market manipulation from two former colleagues who are defending charges they cheated the commodities market in a criminal racketeering conspiracy.