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News Link • Economy - Economics USA

Taibbi: Goldman Lobbies Senate, Says Full Transparency Sucks

• TrueSlant
For some market participants, however, the openness and transparency of the equity market actually mean they are unlikely to achieve the best price. The risk, particularly for large transactions such as those undertaken by pension funds or large mutual funds (where most small investors have most of their equity exposure), is that other market participants will use this transparency to undercut the intended transactions. 

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