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


9. Rocket Science

Not unless the Earth gets struck by the moon.

— Jamie Dimon testifying before the House Financial Services Committee, when asked by Wisconsin Rep Sean Duffy whether it was possible that the firm could suffer “a half a trillion or a trillion dollar loss.” Dimon

Source: Time.

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