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Wednesday, April 30, 2014

Michael Lewis: the stock market is rigged - video interview

Michael Lewis discusses his new book Flash Boys, an investigation into high-frequency trading. He describes how big investment banks take advantage of minute differences in share prices and internet connections speeds to skim billions of dollars from stock-market trading without taking any real risk. The former bond trader-turned-writer talks about how his relationship with Wall Street in a historic era of excess Continue reading...


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