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They're just clipping the ticket for bribery. This same thing exists in the underworld, however tech has made this sort of thing a "legitimate" business. I don'
by Mandatum 12y ago
They're just clipping the ticket for bribery. This same thing exists in the underworld, however tech has made this sort of thing a "legitimate" business. I don't see much of a difference between this, and say, high frequency trading. Different areas, but same concept.
- Tominator0 12y agoYou seem to accept the media's sensationalist take on HFT which was provided to them solely by Michael Lewis. While HFT isn't exactly kosher, it's not as bad as you may like to think. Here's a video explaining some advantages of HFT: https://www.youtube.com/watch?v=e9aYZYSwCLo https://www.youtube.com/watch?v=e9aYZYSwCLo
- Mandatum 12y agoOops, didn't mean to compare it to crime. Just relative in concept.