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John Crudele: How Washington will try to rig the stock market

Section: Daily Dispatches

By John Crudele
New York Post
Tuesday, August 25, 2015

How long will it be before Washington decides to rig the U.S. stock market?

Well, it could have happened Monday around noon.

The U.S. Treasury admitted that it had been in touch with "market participants." Was that just a social call or was Treasury Secretary Jack Lew lining up his market manipulators?

The rig didn't take, even though the Dow Jones Industrial Average went from a loss of more than 1,000 points to one-tenth that amount around lunchtime.

But by the end of the day, the Dow still lost an incredible 586.13 points, or 3.6 percent.

But just because the market manipulation didn't work on Monday doesn't mean Washington will stop trying. ...

... For the remainder of the report:

http://nypost.com/2015/08/24/how-washington-will-try-to-rig-the-stock-ma...



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