An Urban's Rural View
Urban C. Lehner Editor Emeritus
Mon Apr 27, 2015 08:56 AM CDT

Michael Lewis, author of such memorable books as Liar's Poker, Moneyball and The Big Short, has asked the question of the week -- maybe the year.

Authorities in England had just arrested Navinder Sarao for manipulative trading that they allege helped cause the 2010 "flash crash," in which the Dow Jones Industrial Average kerplunked 1,000 points in a matter of minutes (…). Which occasioned Lewis, in a column for Bloomberg, (…), to inquire:

"How can a guy working from his parents' house in suburban England whose only actionable orders were to BUY stock market futures cause ...

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