CNBC Power Lunch April 1, 2014
I think its an accidental conspiracy. I think accidental this sort of unintended consequences of regulation that was introduced in 2007 created this really screwedup Market Structure in which a lot of people have totally screwed up incentives. It is totally screwed up that brokers sell out the information of their customer order flows to High Frequency traders. Its totally screwed up to me that High Frequency traders pay exchanges for special access to price information and speed advantage. But for me, in a way, the headline of the book is spoiling for me the fun of the book. I found what attr...