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Posts Tagged ‘Michael Lewis on 60 Minutes’

Michael Lewis on HFT: “It’s All A Scam”; Here’s the Cause and Effect

Posted by Larry Doyle on March 30th, 2014 8:42 PM |

Major props to renowned writer Michael Lewis for using his enormous platform to direct light on the scam that has come to define our equity markets under the construct of high frequency trading.

As Lewis states, the scam is not only restricted to HFT activity but rather the market as a whole has become a scam. Powerful words and worth the minute to listen to the video clip below.

But let’s go deeper than that. (more…)






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