The co-founder and former chief executive officer of battered market-maker Knight Capital Group gave a bullish assessment of the company’s future, telling CNBC that Knight can “definitely survive,” even without the help of a financial savior. If Knight should go under, “you’d have a hole in the marketplace,” said Kenneth Pasternak who retired from Knight in 2002. The market-maker “needs to restore the confidence of the community at large, but its a very important player and frankly, was a very profitable player until three days ago.”
For years and years before she was charged with insider trading in the Galleon case, […]
We want to invite you out for a night of drinking and yelling that we’re hosting alongside our bros at Above the Law. Join us on Feb 18th in NYC for an open bar and a short panel discussion featuring special guests! Think of it as a boozy safe space to defend your role in the destruction of America.