Open Phones on Flash Boys
Michael Lewis, the best-selling author of several books about Wall Street, published his latest, titled Flash Boys: A Wall Street Revolt,… read more
Michael Lewis, the best-selling author of several books about Wall Street, published his latest, titled Flash Boys: A Wall Street Revolt, on Monday, March 31, 2014. The following Saturday he answered viewer questions about the book by telephone, electronic mail, Facebook, and Twitter.
In his book, Mr. Lewis looks at the world of high-frequency stock trading and argues that high-frequency traders and big Wall Street banks have rigged the system to gain an advantage over regular investors. He also talked about a group of traders who, having discovered how the market now operates, created their own stock exchange to try to level the playing field. close
*The transcript for this program was compiled from uncorrected Closed Captioning.
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