Jul 16, 2020
In this episode, Liam Vaughan discusses his new book: “Flash Crash: A Trading Savant, a Global Manhunt, and the Most Mysterious Market Crash in History.” The Flash Crash occurred on May 6th, 2010, when the Dow Jones Industrial Average plunged roughly 9% in a matter of minutes only to recover a large part of the loss within half-an-hour. Liam’s book is a fascinating account of how the U.S. government, well after releasing their official report on the causes of the Flash Crash, came to pin much of the blame for that day’s events on a sole trader trading out of his parents’ house in London. Liam is a senior reporter with Bloomberg and Businessweek magazine in London and can be followed on Twitter @liamvaughanBBG.
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