User: Ryan Mallory: Evening Tape: Knight Capital KCG

Knight Capital KCG

Comments

Tim KnightTim Knight
I am just blown away by this. 1500 people are going to lose their jobs over a software bug. The American public will obsess over Lindsay Lohan falling asleep from drinking too much, but they have NO clue about major stories like this. 8/2/12
Ryan MalloryRyan Mallory
I agree - I really doubt this will make much headlines...But I'm really hoping this opens the discussion of the algos and HFT's effect on the financial markets. 8/2/12
Adam GreenAdam Green
That is astonishing. Hard to believe. 
As for the media -- LIBOR isn't 24x7 headlines and front page, so one can hardly expect this kind of story to rate much of a mention. 8/3/12
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