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By mswatcher
via washingtonpost.com
Submitted: Apr 07 2014 / 08:47

A small group of financial firms are using their technological superiority to skim the top off the market, Michael Lewis claims in his new book "Flash Boys." There's an increasingly heated debate over whether the practices, known as high-frequency trading, are harmful or helpful. Lewis, for his part, says the market is "rigged," and several federal agencies, including the Department of Justice, are now looking into what Charles Schwab recently labeled "a growing cancer."
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