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Flash Boys: A Wall Street Revolt by Michael Lewis -- Summary, Review & Analysis
Flash Boys A Wall Street Revolt by Michael Lewis Summary Review Analysis Author:Save Time Summaries *Note: Our summary and analysis is an unofficial companion to Flash Boys, not the book itself. While it will greatly enhance your enjoyment and understanding of the book, it is not intended to stand in its place. You can purchase a full copy of Michael Lewis' fascinating book on Amazon.com or from the Publisher.* Following his #1 New York Times ... more »bestseller The Big Short, Michael Lewis returns to Wall Street to tell of the greatest predator ever to hit the equity markets. Our summary of Flash Boys details how a group of brokers, all from different firms, learned that the market was rigged for insiders, and controlled by major Wall Street banks. The Flash Boys each figured this out separately and, together, they formed an alliance to reform the market by eliminating the advantage inherent with high-frequency trading. Each member represents the exact opposite of what you think of when you hear the words "Wall Street." Each traded millions in yearly salary for a fight for the greater good. They use their new podium to investigate exchanges and the firms that specialize in high-frequency trading, while bringing light to many other ways that people cheat the system. Think this doesn't apply to you? It applies to more people than you think, even if you only have a retirement account. The seedy underbelly of Wall Street is sure to make your pulse race, probably with anger. Our summary of The Flash Boys concludes with a tidy, yet extended, list of take-aways points from this book, as well as a list of the major questions this book answers.« less