FX Trading - Is it more corrupt then FIFA ??

Forexmospherian

Legendary member
39,928 3,301
Most Football fans know how corrupt the FIFA board are - ie vote rigging / bungs / you name they get away with it ;-)

My question though is Currency Trading run by Central Governments and Large world wide Banks as bad - or even 10 times worse ??

My answer maybe is not 10 times worse - but certainly ranks up there as a large scam that gets away with being nearly untouchable.

I thought crime does not pay.

Tell that to the Bankers who say they are having it tough in the markets

Forget dodgy vendors - forget dodgy brokers - the biggest crooks are simply the Banks.

Still I need them to make money - am I therefore involved in aiding and abetting - will I end up in jail before the real culprits ??

PS - Have had a good trading morning so far - just bored in the slow periods - so time on my hands to type this :)
 

spinola

Established member
614 137
I'd like to think it is. Otherwise, I begin to worry about the survival of humans.
 

Splitlink

Legendary member
10,850 1,233
Most Football fans know how corrupt the FIFA board are - ie vote rigging / bungs / you name they get away with it ;-)

My question though is Currency Trading run by Central Governments and Large world wide Banks as bad - or even 10 times worse ??

My answer maybe is not 10 times worse - but certainly ranks up there as a large scam that gets away with being nearly untouchable.

I thought crime does not pay.

Tell that to the Bankers who say they are having it tough in the markets

Forget dodgy vendors - forget dodgy brokers - the biggest crooks are simply the Banks.

Still I need them to make money - am I therefore involved in aiding and abetting - will I end up in jail before the real culprits ??

PS - Have had a good trading morning so far - just bored in the slow periods - so time on my hands to type this :)

If Sony and other large corps are being hacked into and the CIA think (but aren't sure) that it is N.Korea, I cannot see much security in anything that involves our money.

I am seriously considering having nothing more to do with trading but I made some this afternoon, so I suppose that I can hang on a little longer.

No one, in his right mind, can trust the internet as it is getting compromised more as each month passes.

Only this morning, on the BBC news, there was a warning that childrens' computers and electronic stuff could have spyware installed, that would enable pedophiles to hack into them.

Can anyone, really, be sure that his financial affairs are not being monitored?
 
 
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