Published on Mar 31, 2014
*The U.S. stock market is rigged, with elite traders buying access to a high-speed network that allows them to figure out what you've just ordered, order it first, then raise the price before your order is complete.
And according to Michael Lewis, author of a new book about high-frequency trading called "Flash Boys," this form of "front running" is completely legal.
"The insiders are able to move faster than you," Lewis said on "60 Minutes" on Sunday night...* The Young Turks host Cenk Uygur breaks it down.
*Read more here from Ed Mazza at The Huffington Post: http://www.huffingtonpost.com/2014/03...
**********
The Largest Online News Show in the World. Hosted by Cenk Uygur and Ana Kasparian. LIVE STREAMING weekdays 6-8pm ET
Tags:
Comment
Best guide to hip hop, soul, reggae concerts & events in San Francisco Bay Area, Los Angeles & New York City + music, videos, radio and more
Kraftwerk
Friday, April 18 @ Greek Theatre, Berkeley
Denzel Curry
Tuesday, May 6 @ Fox Theater, Oakland
ScHoolboy Q
Saturday, May 17 @ Fox Theater, Oakland
Steel Pulse
Thursday, May 22 @ UC Theatre, Berkeley
Earth, Wind & Fire
Friday, June 27 @ Greek Theatre, Berkeley
© 2025 Created by Ren the Vinyl Archaeologist.
Powered by
You need to be a member of True Skool Network to add comments!
Join True Skool Network