Could this be why the market's been crashing. Or is it Dick Bove spreading rumors on IM (like "IF THIS HAPPENS, WATCH OUT! IT WOULD BE A HUGE NEGATIVE WORLD WIDE!!")?
Behind the Massive Conspiracy to Rig the Muni Bond Market
If you thought the SEC’s charges against Goldman Sachs poured fuel on an already-raging populace fire, Wall Street’s involvement in a massive bid rigging scandal in the $2.8 trillion municipal bond market will fan the flames even more.