Technological developments have far outpaced--far outpaced--regulatory oversight, and traders who buy and sell stocks in milliseconds--capitalizing everywhere on very small price differential in a highly fragmented marketplace--now predominate over value investors.
Kaufman highlights the gap between technology and regulatory oversight in stock trading.
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I do not want a single innocent person to go to jail or be criminally indicted for any reason.
A paper tiger that will fall apart the minute it is tested in a real life financial crisis
The panic of 2008 has subsided, but it has been replaced by the gnawing pain of countless men and women who can't find work, who can't keep their homes, and who don't know whether their economic story will ever end in recovery.
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