"Flash Boys"

Stock and Bond Fraud, including Boiler Rooms / Pump and Dump Schemes, Mutual Fund & Hedge Fund Fraud, FOREX scams, plus Churning, Private Placements, Venture and Bridge Funding, IPOs, Viaticals Fraud, HYIP and Prime Bank scams, MTNs, Historical Notes, Recovery Schemes, etc. Includes the Jim Norman Project and the Michael Dotson Project and similar HYIP scams.
Number Six
Hereditary Margrave of Mooloosia
Posts: 1229
Joined: Fri Aug 29, 2008 6:35 pm
Location: Connecticut, "The Constitution State"

"Flash Boys"

Post by Number Six »

"60 Minutes" did an excellent segment on "Flash Boys" a week and a half ago: http://www.cbsnews.com/videos/is-the-us ... et-rigged/

There was a bull session just after the book was released last week on CNBC: http://blogs.marketwatch.com/thetell/20 ... am-obrien/

It should be interesting whether the FBI or SEC are able to achieve any indictments against the high frequency traders or brokerages that have been implicated in front running, "skimming" or scalping orders.
'There are two kinds of injustice: the first is found in those who do an injury, the second in those who fail to protect another from injury when they can.' (Roman. Cicero, De Off. I. vii)

'Choose loss rather than shameful gains.' (Chilon Fr. 10. Diels)