Because of a wonderful orange juice scam in “Trading Places,” the Eddie Murphy Rule wound up in the 2010 Dodd-Frank financial regulation act.
Weekly Roundup: From Slow Mommy Tracks to Fast Wall Street Traders
Our weekly economics news summary included the yuan and foreign exchange, Google and branding, parental leave and incentives, and choosing your own price.
Some High Speed Trading History
Depending on how fast news travels, high speed trading can be done through homing pigeons or computers but both have created information asymmetry.
Fast and Slow Stock Markets
Goldman Sachs is asking $30 million for a firm that, 14 years ago, it purchased for $6500 million ($6.5 billion). The story (sort of) starts 222 years ago. Wall Street was where our first Congress met, where Alexander Hamilton lived…
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