IPFS News Link • Economy - Economics USA
Michael Lewis: 'Wall Street Has Gone Insane'
• http://www.businessinsider.com, Emma BrockesIf it's emotional for Lewis, then the responses have been emotional too, given how unequivocal his accusations are. The cornerstone of Flash Boys, which sold a staggering 130,000 copies in the US in its first week of publication, is a discovery made by an obscure Canadian banker, Brad Katsuyama, who noticed that whenever he tried to execute a trade, the stock price moved before the order went through.