Why, between the dark pools and the public exchanges, were there nearly sixty different places, most of them… — Michael Lewis
Why, between the dark pools and the public exchanges, were there nearly sixty different places, most of them in New Jersey, where you could buy any listed stock? Why did the public exchanges fiddle with their own pricing so often—and why did you get paid by one exchange to do exactly the same thing for which another exchange might charge you?
p. 44Source: Wikiquote · CC BY-SA 4.0
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He now suspected that every human being who knew how high-frequency traders made money was making too much money doing it to stop and explain what was going on.
p. 55
Thus the only Goldman Sachs employee arrested by the FBI in the aftermath of a financial crisis Goldman had done so much to fuel was the employee Goldman asked the FBI to arrest.
p. 148
"Liquidity" was one of those words Wall Street people threw around when they wanted the conversation to end, and for brains to go dead, and for all questioning to cease.
p. 108

