Wall Street Is Not Only Rigging Markets, It’s Also Rigging the Outcome of its Private Trials
By Pam Martens and Russ Martens: November 12, 2021 ~ When it comes to sycophants, Wall Street has no shortage of them willing to shill for its egregious private justice system called mandatory arbitration – a system which systematically guts the guarantee of a jury trial under the Seventh Amendment of the Bill of Rights. Think about that carefully, the industry that is serially charged with rigging markets and other felonious acts, is allowed by Congress to run its own privatized justice system. This is something one would expect to find in a banana republic, not in a country that lectures the rest of the world on democratic principles. Wall Street’s private justice system effectively locks the nation’s courthouse doors to both its workers and customers, sending the claims before conflicted arbitrators who do not have to follow legal precedent, case law or write legally-reasoned decisions. One of Wall Street’s serial … Continue reading Wall Street Is Not Only Rigging Markets, It’s Also Rigging the Outcome of its Private Trials
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