In the same week that summer decided to show up in New York, other corners of the financial world were heating up as well. Jamie Dimon got a grilling from the members of the House of Representatives after last week's Senate Banking Committee tongue bath. Meanwhile, hedge finds managers gathered in Monaco to comment on the continent's slide to oblivion, while one US hedge find manager is placing all of his bets on – Greece?! Advanced Trading serves up the hottest quotes of this week.
June 22, 2012
5. Too Fast to Last
What used to be an investors' market is now thought of as a traders’ market. We convinced ourselves along the way that speed is synonymous with quality and in some cases it might be. In other cases, it clearly isn't.
— Duncan Niederauer, NYSE Euronext CEO before the House of Representatives.
Source: Bloomberg
