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CNN Fareed Zakaria GPS March 22, 2015 17:47:00

He wrote the book after a three-year stint at soloman brothers. last year he published flash boys who helped us all understand what wall street is up to these days. i asked him to come in and give us his own update. you were still part of a wall street where the stuff that was happening, the action was human relationships and people and now it s computer. moving that way. not all but close. all the markets are becoming automated. training is done at light speed by machines. people program the machine. so it s the person running logic, creating rules for how this thing is going to trade. yes, wall street in liar s poker is a wall street where you re still shouting in telephones. it s getting complicated but it is still comprehensible. that s one of the great things how much harder this thing has gotten to explain. it was a bit of a struggle to explain what a mortgage bond was, that was a new thing. but collateralized debt obligation or high frequency trading program is so much har ....

Wall Street , United States , Liars Poker , Soloman Brothers , Flash Boys , Human Relationships , The Machine , Person Running Logic , High Frequency Trading Program , Mortgage Bond , Collateralized Debt Obligation ,

CNNW American Morning May 20, 2011



seeing the release of dominique strauss-kahn. that s right. in fact, we re waiting for the former imf chief to walk out of jail. a judge agreed to free him on bail yesterday. that s the same day a grand jury indicted him. in order to get out of jail strauss-kahn will post bail of $1 million and a $5 million insurance bond and forced to wear an electronic monitoring bracelet and guarded around the clock. strauss-kahn had been under suicide watch or has been and could be walking out of there any moment. susan candiotti is here now. this is a big victory for his legal team. it wanted this to happen before it was denied and now he got it. it s a matter of making it all come together. we don t know exactly when he ll be getting out of rikers. we do know that the judge is going to have to finally sign off everything is in place. we know that as you ve been reporting, that a security team has been hired by the defense team and he has to pay for this himself, dominique st ....

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Detailed text transcripts for TV channel - CNN - 20110520:10:04:00

of course, it all depends on their means, but certainly there is precedence for this in the past and ultimately, the judge said, look, i m convinced by the arguments that the defense has made, given this man s background, given the fact that his passport has been taken away from him, it would be very difficult for him to flee. but in the end, he looked him straight in the eye, the judge did, and said to him, you, sir, you have to understand, you better be here. tough stuff. and any moment we could see that picture of him leaving rikers. thanksp. you re welcome. while strauss-kahn fights to clear his name john lip ski will be taking over as the acting director of the imf while the search begins for a permanent replacement. lipsky has been a managing director for five years and has several decades of experience as an economist and investment banker with soloman brothers and jp morgan. to president obama s future vision for the middle east. the president outlined his ....

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