Sunday, July 6, 2014

Flash Boys by M Lewis

Another excellent reporting job by Lewis. The high frequency traders of Wall Street have been getting away with slices of investors orders since 2005. They spent millions on technology to get an unfair edge and have been making gobs of money by conning investors. Lewis also shows up the "dark pools" run by big banks. Congress is finally investigating, and Barclay's has been indicted.