Inside story of the National Stock Exchange’s amazing success, leading to hubris, regulatory capture and algo scam
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Fiercely independent and pro-consumer information on personal finance.
30-day online access to the magazine articles published during the subscription period.
Access is given for all articles published during the week (starting Monday) your subscription starts. For example, if you subscribe on Wednesday, you will have access to articles uploaded from Monday of that week.
This means access to other articles (outside the subscription period) are not included.
Articles outside the subscription period can be bought separately for a small price per article.
Fiercely independent and pro-consumer information on personal finance.
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The collateral damage would be enormous. Already the damage is huge. Look at NIFTY before IL & FS downgrade (on 17th Sep 2018 ) and today. That is exactly what happened with Lehmann. Had US authorities intervened at that time ,the damage to the world economy would have been much less. An ounce of prevention is worth ton of cure. Certainly in the market. This not say that the rotten apples should be rescued every time. Exactly the opposite. such decay should be detected and eliminated at the first stage itself. Almost everybody in the system failed over a long time while the criminal gang continued their looting.
Also GOI will get only paltry LTCG as most companies below their cut of rate