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Rekenthaler Report

About That Rigging Claim

Michael Lewis takes on the stock market.

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High Dudgeon
Michael Lewis has taken the high moral ground. In publicizing his new book on high-frequency traders, Flash Boys: A Wall Street Revolt, Lewis has dominated this week's investment news, first with Sunday's 60 Minutes interview and then with a long excerpt in The New York Times. In both the interview and the Times article, Lewis claims that the U.S. stock market is "rigged."


John Rekenthaler does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.