Low Latency Hype, Exchanges Go On Crisis Control, Dimon Talks Back, and More

Experts question the ongoing latency race, exchanges focus on crisis control and Dimon faces the House Financial Services Committee. Here is what people are talking about this week.
June 22, 2012


6. What Risk?

I feel that Moody’s action is five years too late. […]The banking system is safer today than any time in the last 30 years. We have not seen capital levels like this since the 1930s.

— Gerard Cassidy, an analyst with RBC Capital Markets, after Moody's cut the credit ratings of 15 big banks.

Source: NY Times Dealbook.

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