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by fokov 2990 days ago
Honestly, this stuff just shows us how rigged the system is. This isn't the first time it has happened. Flash crashes caused by bad algorithms lost a bunch of money that was reversed as well. IMO, it is horrible to reverse this. They took the risk and got to keep the reward, but as soon as they fail, they get bailed out every single time.
1 comments

If I were an exchange and would earn tons of cash from Goldman on trading commissions, I would bail them out too, I guess.
Why do this bring to mind how casinos treat big name gamblers...