What's the stock market? (where many people with suits are walking around and waiting for something?)?

[Kend_ahoo]

Lets be honest with this question: Now that you've read what the stock market is ideally supposed to represent in prior answers, I'll tell you what it represents in today's corrupt environment, where the suits you talked about lie, cheat, and steal to make sure their incomes remain AT LEAST 10x-20x above the average employed American's.

So, the STOCK MARKET is one of the places where Wall Street professionals, Bankers, Traders, etc scandalously cheated Americans out of a majority of their savings by scamming the public with pricing scenarios that they tricked investors into believing and then did the opposite, therefore gaining lots and lots of money at the expense of people like your parents and grandparents, who probably saved all their lives for retirement and because of the stock market and the con artists that are involved in trading, now are left with nothing and have to work the rest of their lives instead of retiring as planned for years and years.

Yet few known ever get reprimanded (jail) and are now making loads of $$ again while others continue to suffer from their actions. There are also people called Wall Street Analysts who evaluate a stock's performance, then hold conference calls with certain people, including the CEO, CFO, Executive Management, etc of publicly traded companies and tell them what they "must do" to maintain a positive rating...although those analysts know very little about the industry itself and even less about individual markets. With all this limited knowledge, they basically control the corporate goals and initiatives of traded companies who fear their prices will fall otherwise (company value decreases, rates are impacted, etc), regardless of people in the industry and individual markets who raised the point that the 'suggestions' from the analysts are impossible and make little business sense. Hence, corporations chase unreasonable and economically impossible goals which lead to things like the crash, banking catastrophe, depression, and unemployment rates that we have seen over the last several years.

For further information on the dishonesty, disrespect, distrust, and relentless greed of the dirtbags in the current world of Finance, both in the USA and most other parts of the world...research the LIBOR scandal that's impacting virtually all GLOBAL FINANCE, except for those who still use goats for currency.