I thought this book was an excellent description of one of the biggest wall street cheating scandal of recent years. It describes how he uncovered what the "high frequency traders" were doing to make so much money. In effect they were "in front" of the market so they made a few cents on almost every trade.
The brokerages all knew it was illegal, and they kept what they were doing under wraps. I don't think our SEC was doing it's job, and I don't believe that all of the perpetrators were caught, nor properly prosecuted for doing it. The technique was so exotic that it would be difficult to explain to a jury.
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