Chip Anderson

Single Rogue Trader Charged with Causing "Flash Crash" of 2010

It's amazing to me that one person could cause such behavior in the market.  While his behavior appears to be criminal, the system(s) that allowed this behavior are also to blame.

http://www.justice.gov/opa/pr/futures-trader-charged-illegally-manipulating-stock-market-contributing-may-2010-market-flash

- Chip

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Thanks for sharing!
And since there are apparently no other causes except this culprit (scapegoat), what's to stop somebody else from pulling the same trick and causing another flash crash?
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