i heard yesterday that yet another european bank was fined for impropriety in their financial dealings. i believe this was relating to price fixing in rates.

i think in total that 13 banks so far have been fined in the billion $ range. that's a fair amount to my thinking. and they paid with no quibbling, so far.

got me to thinking about the incredible last minute trades made today for rim at 16:00 by house 07 which i believe is td securites. so many trades in fact that the tse halted trading. in the past 3 weeks or so, rim has traded way after the bell if the prices matched. some days the last trade was almost 4:30.

the tse halted rim trading at 4 and later rim came out with a loss of .22 instead of .35 and a gain of 2.7 bil instead of 2.6.

watching those 16 hundred hour trades, all made by house 07 certainly looked suspicious.

it's surprising that 'in your face, catch me if you can' trading exists at this level.

almost made me think of not. but probably just my paranoia from the drugs. probably.