Not exactly. Market makers are required to guarantee liquidity in certain exchanges. Also, people buy and sell for other reason than short term trading. The point being that when there is sufficient liquidity for HFT to exist there is very little value left in additional liquidity that HFT can provide. And when it would be very valuable for HFT to provide additional liquidity they provide no additional liquidity at all, sometimes proceeded by amplifying volatility before ceasing thier trading.

The case of AIG created all sorts of systematic and regulatory trouble. More questions were raise than answered in the handling of AIG.

Thanks. I didn't think that the TARP funds that went to banks were paid off by other government loans. The GM bailout has little to nothing to do with any bank bailouts. So, I don't understand why cpu6502 brought it up.

The "Community Reinvestment Act" doesn't require loans to poor credit risks.

I don't think you know what subprime lending is.

Would you care to cite any sources for this info on TARP being paid back by additional loans from the government?

The bullshit part is that the additional liquidity HFT provides is conditional on there already being sufficient liquidity.

Where is all this anger coming from?

There are 2 more.

She is you.

"three Pacific [states]"

I think your count is off.

"Nor do we watch sports super stars driving to the stadium."

I wouldn't be so sure of that.

True Scotsman - no such entity.

Redundancy is a good thing (it is the reason why NASA partners with Ustream) copyright law, DMCA and "trusted partner" censorship are bad things (i.e., net negative, dead weight loss on society). Hence, news.

Dave Winer swears by his World Outline Tools. See: http://poets.worldoutline.org/