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Dumb money on Wall Street

December 20, 2010

Jonathan Spicer’s special report on dumb money in the stock market shows how a few powerful financial institutions make money from retail investors, and why the system is coming under scrutiny.

If you’re wondering what “dumb money” is, it basically refers to most trades by amateur investors like you and me.

To read the story in multimedia PDF format, click here.

Here’s what the Columbia Journalism Review had to say about it.

 

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