Yes, these criminal masterminds found a way to swindle honest hard-working themselves out of 440 million dollars and "get away with" a cool extra -12 million.
They also amassed over $3 billion net short positions spread across 75 stocks during those 45 minutes causing significant losses to investors with stop loss positions triggered that would not have happened without Knight's erroneous trades. They didn't just harm themselves...
Anyone using stop loss orders harmed themselves. It's like saying that you wouldn't have gotten hurt rolling down the steepest hill in town on a skateboard with no helmet if someone hadn't parked in a red zone.
mcphilip|12 years ago
notaddicted|12 years ago
lmm|12 years ago
kevinpet|12 years ago