![]() Wall Street Journal |
Loyalty, Profit Drive Knight Rescue
Wall Street Journal By JACOB BUNGE, ANUPREETA DAS and TELIS DEMOS Knight Capital reached an agreement with investors for a $ 400 million lifeline after a glitch cost the trading firm $ 440 million last week. But what are the lessons for investors? Elizabeth O'Brien joins … Knight Capital Skirts Collapse as Investors Offer Lifeline Knight Capital gets $ 400 million rescue, shares tumble Knight's Joyce Sees Permanent Solution for Firm as Shares Plunge |