Goldman Sachs emerges as both a villain and an unlikely hero in Michael Lewis's new book Flash Boys . . . what Goldman did to computer coder Serge Aleynikov was mean-spirited, unnecessary, and illogical, but in the end, the company helps bolster the use of the new IEX market that Brad Katsuyama and a select group of Wall Street rebels create, in order to protect regular traders and investors from the predatory practices of high-frequency traders and "dark pools" . . . the story is just as exciting as The Blind Side, although a bit more technical, and you'll be astounded at how the modern stock market really works: think Mahwah instead of Manhattan.
4 comments:
Mahwah?
Wawa? Jawa?
"Well, they closed down the auto plant in Mahwah late that month"
thanks zman, although my spelling is more elegant.
It was more than all this that put the gun in my hand.
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