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New Aprops re HFT and the environment of Big Money (npr now)
HFT--"a multibillion dollar TAX on all financial activity" (lots of stirring quotes in this Opera.)
(And there are overtones of the SSL code debacle within the complexities of the implementation of HFC procedures: "really rich people stealing from All")


City Arts & Lectures
Michael Lewis


A best-selling author and contributing editor to Vanity Fair Magazine, Michael Lewis is known for his meticulous research on far reaching subjects. His newest book, "Flash Boys: A Wall Street Revolt," reveals the top-secret world of high-frequency trading. Is the U.S. stock market rigged? Lewis makes a compelling case for the notion that it most definitely is. And he does so with his signature flair for storytelling, Hollywood-ready characters and a nuanced grasp of complex financial matters. Lewis' many books include "Liars Poker," a semi-autobiographical account of Wall Street traders and salesmen and "Moneyball," about Oakland A's manager Billy Bean. In "Boomerang: The Meltdown Tour," Lewis chronicled the fiscal recklessness in both Europe and the U.S. that led to the current international debt crisis. Lewis appeared in conversation with Tabitha Soren on April 9, 2014.



While this is about the machinations of Goldman Sachs et al re (apparently some brilliant? code ) said capable of trashing Int'l Finance.. it's a soap-opera [Book]
with clashing White/Black-Hats, 'Exchanges' run by middle-men who rip-ff investors--and like that.

Thus, a surreal romp through how $$ Really Does get pocketed in exponential ways, inaccessible to normal humans (if there are any of those left.. after VCapitalism.)
"Every investor is the prey"" Etc. ad nauseum.

These mofos are Dangerous to All Living Things, especially as the planet gets No Respect.
I see; I See: PURGE + Regulation or just.. die sooner and suck-it-up.

'BIg Money' clearly is to 'money' ... as military music is to music, I wot. The antithesis of that 'democracy' thing, just one more example
of the level of corruption, flying-under-the radar.
Expand Edited by Ashton April 23, 2014, 02:04:34 AM EDT
New s /HFC/HFT/g ;-)
New Yeah.. some days everything looks like KFC/Karsten..
New Know the feeling. :-)
     Tom Levenson: This is why money isn't speech. - (Another Scott) - (5)
         Bzzzt. That ship has sailed. - (mmoffitt)
         Aprops re HFT and the environment of Big Money (npr now) - (Ashton) - (3)
             s /HFC/HFT/g ;-) -NT - (Another Scott) - (2)
                 Yeah.. some days everything looks like KFC/Karsten.. -NT - (Ashton) - (1)
                     Know the feeling. :-) -NT - (Another Scott)

NOO..OOO - not WD-40!
185 ms