Citigroup’s Role in “Flash Crash” in Europe Yesterday Is Reminiscent of Its “Dr. Evil” Trade in 2004

by Pam Martens and Russ Martens, Wall St On Parade: Yesterday the international newswire, Reuters, broke the story that the U.S. megabank, Citigroup, was responsible for a flash crash that plunged Sweden’s benchmark index, the OMX, by 8 percent at its low. The index later recovered to close with a loss of just under 2 […]