Europe Slides, Dimon Smacks Dodd-Frank, and a Hedgie Loves Greece
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.