Summary of Flash Boys - A Wall Street Revolt - Unauthorized 33-Minute Summary - Bern Bolo

Summary of Flash Boys - A Wall Street Revolt - Unauthorized 33-Minute Summary

By Bern Bolo

  • Release Date: 2019-05-09
  • Genre: Study Aids

Description

A computer code that could be used to manipulate stock markets in unfair ways. This triggered Michael Lewis to track down a small group of Wall Street guys who individually were earning millions of dollars in their chosen fields but chose to give up all to join forces.

They made it their mission to investigate the high-frequency traders, how they are able to manipulate the stock market for their own benefit and how the investors (you may be one) become the prey in a world ruled by the predators.

The guys also expose the involvement of the HFT predators with big banks or brokers to whom the investors entrusted their funds. In an act of rebellion, they create an exchange where the HFTs have no say - a choice where the investors are the gainers - only if the big banks and the investors themselves act and force a change.

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