A Novel Approach to High Frequency Trading

Interesting… HFT has proven to be singularly destructive. Despite the claims of it defenders, it does not increase market liquidity; it merely increases trading volumes without improving ease of execution. 60% of US stock market trading volume comes from HFT. HFT has undermined how markets operate. Institutional investors have diverted some of their trades to… Read More A Novel Approach to High Frequency Trading

California breaks from 50-state probe into mortgage lenders [Updated] – latimes.com

California Atty. Gen. Kamala Harris will no longer take part in a national foreclosure probe of some of the nation’s biggest banks, which are accused of pervasive misconduct in dealing with troubled homeowners. Harris removed herself from talks by a coalition of state attorneys general and federal agencies investigating abusive foreclosure practices because the nation’s… Read More California breaks from 50-state probe into mortgage lenders [Updated] – latimes.com

Redditor Posts Dissertation on Causes of the Great Recession

Exactly. The demonstrative effect here can not be understated. When economists mention the CRA, they aren’t saying Carter caused the collapse in 2008, or whatever party loyalists hear when they see that. The CRA is instantly dismissed as unimportant, as 1977 was a long time ago, and this couldn’t have happened because of just that.… Read More Redditor Posts Dissertation on Causes of the Great Recession