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>> MICHAEL LEWIS Latest News

AUG 27, 2015 - Business Insider

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Barclays lawsuits triggered by 'Flash Boys' book just got thrown out of court

Barclays has one less thing to worry about. On Wednesday, a judge in New York dismissed a series of lawsuits alleging the bank's so-called dark pool – a private trading system that allows clients to buy and sell shares with less disclosure than the public exchanges  – was rigged to give certain traders an edge over others. The lawsuits were inspired by "Flash Boys," Michael Lewis's ...

Tags: Barclays lawsuits triggered by 'Flash Boys' book just got thrown out of court,  Michael Lewis Latest News

AUG 18, 2015 - Huffington Post

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Northwestern Football Players Won't Get A Union, But Their Fight Doesn't End Here

On Monday, the National Labor Relations Board rejected a historic attempt by Northwestern University football players to unionize as employees of the school. The precedent-setting decision will make it extremely difficult, if not impossible, for college athletes to formally join labor unions in the future, forcing players to pursue other ways to change how they're treated by their schools and the ...

Tags: Northwestern Football Players Won't Get A Union, But Their Fight Doesn't End Here,  Michael Lewis Latest News

AUG 12, 2015 - Business Insider

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Frugal customers are becoming an ominous threat to Macy's

The days of full-priced department store merchandise might be over.  Macy's same-store sales declined 2.6% in the second quarter, and the company blames consumers who are increasingly hesitant to pay for brand name clothing and handbags.  While sales at off-priced retailers like T.J. Maxx are soaring, traditional department stores are being forced to discount. Macy's and Kohl's are both in the process of launching lower-priced ...

Tags: Frugal customers are becoming an ominous threat to Macy's,  Michael Lewis Latest News

AUG 11, 2015 - Zero Hedge

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Biggest US Dark Pool Busted For Rigging Markets, Engaging In Precisely The Manipulation It Warned Against

One year ago, in the first ever crack down on market manipulation and rigging in HFT-infested dark pools and ATS venues, the NY AG crushed Barclay's dark pool LX with just one lawsuit alleging the bank had misrepresented and taken advantage of gullible clients to benefit well-paying HFT parasitic scalpers who not only have never "provided liquidity" but merely frontrun ...

Tags: Biggest US Dark Pool Busted For Rigging Markets, Engaging In Precisely The Manipulation It Warned Against,  Michael Lewis Latest News