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Michael Lewis: 'Wall Street has gone insane'

Michael Lewis - Flash Boys

On a sliding scale of difficulty, writing a general-interest book about high-frequency trading is slightly harder than making baseball statistics interesting, but easier than animating the role played by quantitive analysis in the 2007 financial collapse.

High-speed traders to be subpoenaed in U.S. probe

Trading

New York Attorney General Eric Schneiderman sent subpoenas to six high-frequency trading firms seeking information about special arrangements they have with exchanges and dark pools as well as their trading strategies, according to a person familiar with the matter.

Ex-Madoff aides to appeal conviction

Bernie Madoff

Five former Bernard Madoff aides have asked a federal judge to throw out their convictions, three weeks after a jury found them guilty of fraud and conspiracy for helping Madoff conceal his multibillion-dollar Ponzi scheme.

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