Michael Lewis: "Flash Boys"

Michael Lewis: "Flash Boys"

American stock exchanges are designed to favor an elite group of high-frequency traders, at the expense of everyday investors. A new book by "Moneyball" author Michael Lewis tells the tale.

A fraction of a second can make a difference between who profits and who pays in the ultra high-speed world of computerized stock trading. A new book by "Moneyball" author Michael Lewis says American exchanges give the edge to a small group of insiders at the expense of everyday investors. In "Flash Boys: A Wall Street Revolt," Lewis introduces a disparate cast of programmers and traders who set out to right the system and introduce fairness for those of us with a pension fund and 401(k) investments.

Guests

Michael Lewis

Author, "Flash Boys: A Wall Street Revolt" (Norton, 2014)

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