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Monthly Archives: September 2012
Wall Street and their Congress handmaidens still rolling back financial reforms
Matt Taibbi offers important insight on the inappropriate and unethical persuasion that financial lobbyists are continuing to exert in order to gut government rules and regulation today: “Jefferson County, Alabama was the most famous case – the city of Birmingham … Continue reading
Father of High-Frequency Trading weighs in on current problems
CNBC’s Rick Santelli talks about the risks and rewards of automated trading, with Thomas Peterffy, Interactive Brokers CEO. “Let us work on how to fix these problems and not throw the baby out with the bath water,” he adds.Here is … Continue reading
Whistleblower: High Frequency Trading is Predatory
Wall Street whistleblower Haim Bodek, former head of electronic volatility trading business at UBS, says high frequency trading is disruptive to markets. “It’s actually unbeatable without regulatory change,”Here is a direct link.
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