The U.S. financial markets had always been either corrupt or about to be corrupted.
The U.S. financial markets have a longstanding reputation for corruption, as noted in Michael Lewis's book "Flash Boys." This critique suggests that the integrity of these markets has always been questionable, with systemic flaws that invite manipulation and unethical practices. The idea that markets are either currently corrupt or on the verge of corruption raises concerns about fairness and transparency in trading activities.
This perspective highlights the need for greater scrutiny and reforms to ensure that the financial system operates with accountability. Lewis's assertion serves as a catalyst for discussions on the necessity of protecting investors and maintaining a level playing field for all market participants. It emphasizes the importance of addressing these underlying issues to restore trust in the financial markets.
