To add fuel to the fire, consider this little gem from Investopedia
"Portfolio Pumping : The illegal act of bidding up the value of a fund's holdings right before the end of a quarter, when the fund's performance is measured. This is done by placing a large number of orders on existing holdings, which drives up the value of the fund.
Also known as "Marking the Close."
After reading Gaming's Fed Hunter Killer piece, I realized just how insightful Danial Roth is regarding finance and regulatory. Click on Transparency to see why.
"For fools rush in where angels fear to tread" - Alexander Pope
Addendum: Read Wall Street's Bailout Hustle by Matt Tiabbi to see how ignorance covers the Goldnman's of the world. Simply unbelievable but hey, we Americans accept the worst healthcare system in the world so why not be the mark for the con artists in Wall Street to swindle as well. Works for me.