Detailed text transcripts for TV channel - MSNBC - 20120806:10:48:00
Software worked but apparently not. wall street is as blindly reliant on computers on algorithms on high frequency trading as it was once blindly relying on the risk models that allowed toxic bonds to be rated triple a. wall street has created its own frankenstein. the machines are in charge. >> out of "the dark knight" and bruce wayne is broke this morning because of it. what's joe talking about it? >> >> slightly hyperventilating but the fact is there is a lot -- computers like we were talking about with air traffic control, play a big role on wall street. the problem is it's a little like a...
Source: news source