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Last evening on APM's Marketplace, author Michael Lewis 

The face of the stock market -- traders on the floor -- is a mirage for the saps who watch TV and actually believe the traders are the ones who are controlling the selling, he said. They're not, computers are. And they've gamed the system.

This revelation is not going over well at all with the people who make their livings on Wall Street.

On CNBC yesterday BATS Global Markets exchange president William O’Brien (BATS is where a lot of the rigging is said to be taking place) said "shame on both of you" to Lewis and Brad Katsuyama, the trader who first realized that a computer was consistently beating him to the punch on trades -- by milliseconds -- forcing him to buy a stock at a quick profit to the people who owned the computers.

The trading floor -- or what they want us to believe is a trading floor -- actually 

The only thing that would've made the fight better is 

NewsCut

Bob Collins

Author

Michael Lewis, the author who told '60 Minutes' why the stock market is rigged, comes face-to-face with an exchange president he says is in charge of the rigging. Wall Street traders stopped to watch the fight.

A Wall St. fight over the allegation the stock market is ‘rigged’

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