The highly
suspicious downgrade of Greek debt by Moody's, as with other
private ratings agencies, long suspected
of being in the pocket of Wall Street, often seem to be
timed.
Maria
Bartiromo blurted out on CNBC, "That is ridiculous. This
really sounds like market manipulation to
me."
Markets can be rigged with computers using high-frequency
trading programs(HFT), which now compose 70% of market
trading; and Goldman Sachs is the undisputed leader in
this new gaming technique. Matt Taibbi maintains that
Goldman Sachs has been "engineering every market manipulation since
the Great Depression."