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Flash Boys

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English
Description
2015 Audie Award Finalist for Nonfiction

From the #1 bestselling author of The Blind Side and Moneyball

Four years after his #1 bestseller The Big Short , Michael Lewis returns to Wall Street to report on a high-tech predator stalking the equity markets.

Flash Boys is about a small group of Wall Street guys who figure out that the US stock market has been rigged for the benefit of insiders and that, post-financial crisis, the markets have become not more free but less , and more controlled by the big Wall Street banks. Working at different firms, they come to this realization separately; but after they discover each other, the flash boys band together and set out to reform the financial markets. This they do by creating an exchange in which high-frequency trading--source of the most intractable problems--will have no advantage whatsoever.

The characters in Flash Boys are fabulous, each completely different from what you think of when you think "Wall Street guy." Several have walked away from jobs in the financial sector that paid them millions of dollars a year. From their new vantage point they investigate the big banks, the world's stock exchanges, and high-frequency trading firms as they have never been investigated, and expose the many strange new ways that Wall Street generates profits.

The light that Lewis shines into the darkest corners of the financial world may not be good for your blood pressure, because if you have any contact with the market, even a retirement account, this story is happening to you. But in the end, Flash Boys is an uplifting story. Here are people who have somehow preserved a moral sense in an environment where you don't get paid for that; they have perceived an institutionalized injustice and are willing to go to war to fix it.

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ISBN:
9781442379015
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Grouping Information

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Grouping Title flash boys
Grouping Author lewis michael
Grouping Category book
Last Grouping Update 2019-08-20 10:47:48AM
Last Indexed 2019-08-20 10:52:31AM

Solr Details

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display_description 2015 Audie Award Finalist for Nonfiction
From the #1 bestselling author of The Blind Side and Moneyball
Four years after his #1 bestseller The Big Short, Michael Lewis returns to Wall Street to report on a high-tech predator stalking the equity markets.
Flash Boys is about a small group of Wall Street guys who figure out that the US stock market has been rigged for the benefit of insiders and that, post-financial crisis, the markets have become not more free but less, and more controlled by the big Wall Street banks. Working at different firms, they come to this realization separately; but after they discover each other, the flash boys band together and set out to reform the financial markets. This they do by creating an exchange in which high-frequency trading—source of the most intractable problems—will have no advantage whatsoever.
The characters in Flash Boys are fabulous, each completely different from what you think of when you think "Wall Street guy." Several have walked away from jobs in the financial sector that paid them millions of dollars a year. From their new vantage point they investigate the big banks, the world's stock exchanges, and high-frequency trading firms as they have never been investigated, and expose the many strange new ways that Wall Street generates profits.
The light that Lewis shines into the darkest corners of the financial world may not be good for your blood pressure, because if you have any contact with the market, even a retirement account, this story is happening to you. But in the end, Flash Boys is an uplifting story. Here are people who have somehow preserved a moral sense in an environment where you don't get paid for that; they have perceived an institutionalized injustice and are willing to go to war to fix it.
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subject_facet Audiobooks
BUSINESS & ECONOMICS / General
Business
Downloadable audio books
title_display Flash Boys
title_full Flash Boys
Flash boys [electronic resource] / Michael Lewis
title_short Flash Boys
title_sub
topic_facet BUSINESS & ECONOMICS / General
Business
Nonfiction