Hobbling Wall Street cowboys

Michael Lewis writes that before he began working on Flash Boys, he had little interest in the stock market, "though, like most people, I enjoy watching it go boom and crash". And, like most people, he had an antiquated notion of what the stock market was. At the start of Flash Boys, his dazzling, troublemaking new work of reportorial storytelling, Mr Lewis summons that sweet old image of a trading floor full of screaming brokers, slamming telephones and hysteria-inducing ticker tape. Picture that, he suggests. And then forget it, because it's gone.

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