2 chapters across the catalog
The discussion on market manipulation continues with an explanation of "Dark Pools." These private exchanges allow large institutional trades to occur away from public view, affecting stock prices without immediate transparency. The hosts argue that these systems, combined with the Plunge Protection Team, create an uneven playing field for average investors.
Al Gore is identified as an investor in a massive cap-and-trade fund, benefiting from the market exchanges he helped catalyze. The hosts describe the Intercontinental Exchange (ICE) as a "dark pool" owned by major banks like Goldman Sachs and Morgan Stanley to trade oil futures. They characterize the system as a circular trading scam designed to artificially inflate oil prices.
