“Talking heads on CNBC for days scoff that worries over high-speed trading are old news and overblown.
“Reporters on the beat are defensive on Twitter.
“And Attorney General Eric Holder is telling Congress not to worry — the Justice Department is already looking into high-speed traders.
“Add it up: Michael Lewis has another hit on his hands.
“Before there was enough time for anyone in Washington or on Wall Street to finish reading Lewis’s latest — “Flash Boys,” a takedown of the high-speed trading industry published on Monday — the uproar was already flooding in from all corners of the money, politics and regulatory establishment.”
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Read full POLITICO article here.