Traders Accused in Oil-Price Plot

[athlonmank8]

Isn't this more of an arb and not manipulation?

And btw they aren't the reason energy markets went crazy in 2008. The Fed is squarely to blame for that. What a joke.

 

[murray t turtle]

Wow, what a trade. Make 50 mil, lose 15. Then give to govt another 13. Total is 22 mil. Ain't too shabby.

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Red;
AS the other trader said, not quite that easy, ask the Hunt bros.
And CFTC is seeking treble damages; so that's $200 million fine on 5o million.....................................