http://www.cbsnews.com/news/is-the-us-stock-market-rigged/
Steve Kroft: What's the headline here?
Michael Lewis: Stock market's rigged. The United States stock market, the most iconic market in global capitalism is rigged.
I never ever mentioned e-trade. In my prior posts I talk about “the Market is Rigged” comment. I do not understand why you brought up e-trade? E-trade is not the issue. Lewis who is selling his book makes an obnoxious statement and he should be called out on it.
Steve Kroft: By whom?
Michael Lewis: By a combination of these stock exchanges, the big Wall Street banks and high-frequency traders.
Steve Kroft: Who are the victims?
Michael Lewis: Everybody who has an investment in the stock market.