For those who favor quick and brutal justice for market misdeeds, the travails of
Knight Capital Group (NYSE:
KCG)
ought to offer some measure of satisfaction. While Knight's technology
problem led to only about an hour of chaos in about 140 stocks, the
costs to the company have been swift and severe. While Knight has
secured a capital injection that will keep it in the game, the long-term
viability of this business is still uncertain at best.
Please follow the link for more:
http://stocks.investopedia.com/stock-analysis/2012/Knight-Capital-Lives-To-Fight-Another-Day-KCG-AMTD-JEF-BX0808.aspx
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