Video: The Wall Street Code

November 11, 2013 Posted By: Leave a comment
A Goldman Sachs/UBS "quant" turned whistle blower explains how the market is rigged.

FORTUNE -- "It's really a circus," says Haim Bodek, before he launches into an elaborate metaphor about Metallica ticket scalpers to describe how high-frequency trading (HFT) computers get their hooks into big pension fund investments (the "dumb money" in Wall Street parlance) before anybody...

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