Watching Larry Leibowitz, the COO of NYSE Euronext and brother of the Daily Show host, droning on to the House Financial Services Committee about regulators’ need for better circuit breakers to monitor high-frequency trading so that we can avoid a repeat of the Flash Crash that occurred on May 6, is triggering the exact same feeling we got when we first saw Billy Crystal in Mr. Saturday Night. No! Say something funny!
Live Stream of Hearing [CSPAN]
Larry Leibowitz’s Prepared Testimony [HFSC]
Nightmare on Wall Street [TDS]