The Game is Rigged

No, not that game.  I mean an actual Game, in this case, CNBC’s trading contest,  “Million Dollar Portfolio Challenge”.  The Challenge has run up against some challenges, and trading has been suspended for a week following the discovery of a technical glitch that some wily contestants were exploiting to their benefit.

Surprise surprise: someone’s cheating.

CNBC.com’s editor, Allen Wastler said in a blog post;

“Trading in CNBC‘s Million Dollar Portfolio Challenge was suspended as of close of trading today at 4:00 p.m. ET for one week.

“It came to our attention that there was a technical glitch in the current trading system, which a handful of players found and exploited to jump to the top of the leaderboard. […]

And the beat goes on, as once again, art imitates life