i am more with matt levine.d to do it for the trust of america to its wall street to get hft and spoofing fixed? michael: the fact that we are having this discussion right now is significant. the clear issue with transparency and trust on the markets for a wide range of investors. with the bifurcation of how extraordinarily sophisticated quantitative technical traders versus the old ways of doing business. it alienates people. tom: matt levine and john arnold in " bloomberg view." you decide. olivia: when will janet yellen raise rates? you don't want to miss it. ♪ ♪ morning. the eu finance ministers meeting on greece. let's get to our top headlines. olivia: a major blow for that proposed merger between comcast and time warner cable. fcc staff members are opposed to the deal. they say it does not help consumers. antitrust officials said they are leaning toward blocking the deal. the opposition of the fcc is stronger. they are stronger -- they are likely to recommend that administrative hearings be held which coul

>> matt, what was it, chef matt levin. he would take mac and cheese. >> oh!put it on abut erred piece of toast. it was a mac and cheese grilled cheese sandwich. >> oh! that sound -- you know, my favorite, mike being the cheesey wagon over at university city. i'll make mike take me over there. and i love the caprise grilled cheese salad. so all of that, then you have the tomato, and then you have balance some i can reduction. oh,. >> is the place over in the reading terminal still there that makes what was it called, i wrote it down here, melt craft? the place in reading terminal that makes a big grilled cheese. then yes, you have the cheese, grilled cheese truck that comes there, is that the cheese wagon. >> cheese wagon is about 36th and market. >> okay. >> mike? i make mike -- sue please, take me to the cheesey wagon. >> who is hungry? who wants to go to the cheesey wagon right now? >> yes. apparently sunday is national grilled cheese day. we will be eating them sunday in i don't know if we're hungry or something else is that starts with a h. more women in

matt levine explains. >> i've heard that a traitor named navinder sarao was arrested in london.tors say he was spoofing when the s&p 500 index fell by about 6% in a matter of minutes. what is he accused of doing? spoofing involves putting in fake electronic orders on one side of the market to move a price. the spoof or might put in an order to sell above the current market price. other traders will think people are dumping futures and will rush to sell, driving down the price. the seller will never execute and start buying contracts at the new lower price. he can rip the the process in reverse. he will push the price up and let him sell. prosecutors say that on the day of the flash crash sarao did exactly that. they also say that he did this many more times over the five years since the flash crash. guy: i played spoof in the pub. that was a different game. francine: but the concept is the same? guy: you could say that. francine: happy st. george's day. guy: guy johnson is wearing a red tie. in honor of st. george. we would like to wish everyone in england a happy st. george's d

i would recommend everybody read matt levine's piece on this. coming up, playing defense.e going to survey the news that survey the new landscape of this threat. -- survey the new landscape of this thread. we have details on the internet giant's new global mobile ambition. alix: large-scale publicized hacks has convince companies to invest in defensive measures. a network security provider is being bought from private equity firm vista. it will help down to break down and brought in capability is e.on serving the u.s. government and capitalize on emerging threats to private data. here to discuss how the red test to discuss the red-hot security market is the managing director of a pc firm turning cyber security investments. how much money are we seeing flowing into cyber security startups right now? ron: i think we saw $2.4 billion coming from the cyber sector. clearly starting to gain some additional intention -- additional attention. alix: that is a huge number. ron: it is going to go up. i think we will continue to see that rise. we will be closer to $2.5 billion by the