He again makes some good points here and specifically about HFT and steps we should take to eliminate it. I think his points about the issues on Wall Street in general though are somewhat not thought through. He is against buybacks but doesn't say why. He says that things aren't really what they seem in the markets, but never really notes why that matters...and does it?
Clearly with this sale there was some insider action. The numbers are so obvious. I think that's deplorable, but I also don't know how it can be completely stopped. Basically the SEC has taken a hard line in the recent past though and that's probably the best thing that can happen.
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