Sony Pictures, Scott Rudin Acquiring Michael Lewis Bestseller ‘Flash Boys’ – Deadline.com

EXCLUSIVE: Sony Pictures and producer Scott Rudin are near a deal to acquire Flash Boys, the hottest-selling book in the country. Michael Lewis’ nonfiction work is about a group of Wall Street guys who grew frustrated by a loophole that gave traders the opportunity to game the stock market. They banded together to reform the financial markets by creating an exchange that rendered impotent the act of high-frequency trading, a growing form of trading that gave insiders an advantage. A story that is the antithesis of the practices that created the 2008 financial crisis, the book traces how the Flash Boys walked away from huge-money jobs to use their expertise to investigate big banks, stock exchanges and high-frequency trading firms. They peeled back the layers to bare why many feel that Wall Street is such a rigged game. The Flash Boys are the kind of guys who would have hated Jordan Belfort, the anti-hero of The Wolf Of Wall Street.

via Sony Pictures, Scott Rudin Acquiring Michael Lewis Bestseller 'Flash Boys' – Deadline.com.

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