Speed Kills

[alice malice]

So, Horst, the man with a gift, with magic or whatever, the guy who
stands in the pit and trades with open crying his lots, is off to
China to bet and lose his magic money, in rare commodities. Though
he's not saint, he's that Pynchon character that satirizes the
reactionary Left,  those that would condemn all the banksters and
flashboys to hell because they follow the money but can't follow the
magic.

On Tue, Oct 21, 2014 at 12:05 PM, Becky Lindroos <bekker2 at icloud.com> wrote:
> From the article:  “The problem is not only, as Michael Lewis argues in Flash Boys, finding a technological fix for markets that are rigged; the problem is that the entire system rests on values that have become distorted: individualism, utility, efficiency, productivity, competition, consumption, and speed. “
>
> And from Flash Boys -(interesting book):
> "The difference between fast data switches and slow ones was measured in microseconds (millionths of a second), but microseconds were now critical. “One guy says to me, ‘It doesn’t matter if I’m one second slower or one microsecond; either way I come in second place .’ ” The switching times fell from 150 microseconds to 1.2 microseconds per trade."
>
> Lewis, Michael (2014-03-31). Flash Boys: A Wall Street Revolt (p. 63). W. W. Norton & Company. Kindle Edition.
>
> Bekah
>
>
>
> On Oct 21, 2014, at 8:54 AM, Ian Livingston <igrlivingston at gmail.com> wrote:
>
>> I like it. His insights make an awful lot of sense. Someone will surely instruct him to stop doing that.
>>
>> On Tue, Oct 21, 2014 at 2:23 AM, alice malice <alicewmalice at gmail.com> wrote:
>> http://chronicle.com/article/Speed-Kills/149401/
>> -
>> Pynchon-l / http://www.waste.org/mail/?list=pynchon-l
>>
>
-
Pynchon-l / http://www.waste.org/mail/?list=pynchon-l