“After two weeks of euphoric trading and setting new records, the market suddenly pivoted on a dime and plunged 115 points, soared back up and then soared back down to the closing bell, leaving everybody aghast.”

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“These events were red flashing lights on the console of an overheated, undermaintained, poorly-understood machinery.

We haven’t fixed any of this.”

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“Diana B. Henriques, also the author of “A First-Class Catastrophe: The Road to Black Monday, the Worst Day in Wall Street History”, was a member of The New York Times team that was a Pulitzer finalist for its coverage of the 2008 financial crisis. A contributing writer for The New York Times, which she joined in 1989, she was previously a staff writer for Barron’s magazine, a Wall Street correspondent for The Philadelphia Inquirer, and an investigative reporter for The Trenton (N.J.) Times. In May 2017, HBO released its film-length adaptation of The Wizard of Lies, starring Robert De Niro as Madoff, with Henriques playing herself. The film was nominated for four Emmy awards, including ‘best picture.'”

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