Money going to Janus but not Bill Gross; Michael Lewis tries not to think about the markets too much; Warren Buffett likes America; Deutsche Bank CEOs take paycut; Dad shoots son, but not fatally, for finishing orange juice; and mor...
One year after writing "Flash Boys," Michael Lewis says there is still work to be done on the financial system he says is ?rigged against average investors
Michael Lewis accused high-frequency stock traders of rigging the market against investors. Since then the Dow moved at least 1800 points higher and there has been a handful of prosecutions. But still, there is not widespread reform. Lewis joins "CBS This Morning" to discuss his new book: "Flash Boys: A Wall Street Revolt."
This week, our “Masters in Business” radio podcast features Brad Katsuyama of IEX. Katsuyama may be best known for his role as the lead character in Michael Lewis’s book, “Flash Boys: A Wall Street Revolt.” In our podcast, Katsuyama describes how it became clear thatsomething had changed in the market structure, but no one really knew what it was. He...Read More
IN THE MAIL: From Michael Lewis, Flash Boys: A Wall Street Revolt. Plus, today only at Amazon: Up to 40% Off Select SanDisk Memory Cards and Flash Drives. And, also today only: 50% Off Green Toys.
This week, the “Masters in Business” radio podcast features Brad Katsuyama of IEX who is probably best known to the public for his role in Michael Lewis’ book Flash Boys. In our extended podcast, Brad explains the puzzle that HFT was presenting to institutional traders: By 2007, something had changed in the market structure, but no one really knew...Read More
By EconMatters Watch the Michael Lewis video where he discusses Rigged Markets here. Brent Spoofing & HFT As the European Market closes today and oil has some bearish sentiment to the trading day, one of the common techniques is to bang the European close in the Brent contract which being a much less liquid contract than WTI can be quite profitable. Show More Summary
As HFT shops begin to turn on each other, it seems appropriate to reflect on the impact that Michael Lewis' Flash Boys book had on exposing the ugly truth that many have been discussing for years in US (and international) equity (and non-equity) markets. Show More Summary
According to Michael Lewis, people got his latest book all wrong. Flash Boys, which explains how high-frequency trading is used to rig U.S. markets, caused an uproar on Wall Street last year among financiers, regulators, and the general...Show More Summary
Paul George has some closure in the April 2014 burglary of his home, as on Wednesday, a man was sentenced for the crime. Steve Jefferson of WTHR 13 has the report: Michael Lewis, 43, was sentenced to 14 years in prison and two yearsShow More Summary
The SEC's former head of trading and markets, John Ramsay, has gone from regulating big Wall Street banks to competing against them since joining the dark pool featured in Michael Lewis' book, "Flash Boys." In fact, Ramsay has grownShow More Summary
"I know we don't normally engage with Paul Barford" Eleanor Ghey Topic J: Beau Street Hoard (24th November 2014) Pretty amazing, Eleanor Ghey [Research Assistant Department: Portable Antiquities and Treasure] writes to Michael Lewis of PAS (24th November 2014, 9:00 Subject: Beau St Hoard Criticism). Show More Summary
We have remarked numerous times, thanks in many cases to the detailed analysis of Nanex LLC, that oil markets (among others) are manipulated or rigged. But, just as Michael Lewis was what equity market participants needed to comprehend what was occurring stocks, so WSJ reports today on 'spoofing' in the oil markets. Show More Summary
Brad Pitt will apparently be filming the big-screen adaptation of Michael Lewis’ top Wall Street exposé, The Big Short in New Orleans. Michael Lewis is a New Orleans native, making the “Big Easy” the ideal shooting location. The film...Show More Summary
I don't know how much wisdom you expect to find on the side of your Chipotle soft-drink cup, but when I pop into one of their more than 1,600 locations for an emergency burrito, I desire nothing more than basic sustenance. Read the ...
Michael Lewis’s 2004 cover story on Eli Manning.
This is the first part of a six-week series on Michael "Little B" Lewis. In January of 1997, as a 17-year-old high school senior, I submitted my application to attend Morehouse College in Atlanta, Georgia. Eight months later I'd call Atlanta and Morehouse home. Show More Summary
Michael Lewis' book Moneyball: The Art of Winning an Unfair Game, documents how the Oakland Athletics, a baseball team with a near league low $40 million payroll, won over 100 games by focusing on the most valuable, not the most expensive, skills. Show More Summary
Read Michael Lewis’ The Big Short: Inside the Doomsday Machine before they make into a major motion picture with Brad Pitt, Christian...