"Price discovery is not a sexy function of markets, but it is critical to the efficient allocation of scarce capital and resources, and to the preservation of the long term wealth of investors and the economy as a whole. If price discovery is compromised by manipulation, then we will all be gradually impoverished and the economy will be imbalanced and unstable."
London Banker, Lies, Damn Lies, and Libor
"Delivery takes on a note of finality, of a reckoning, when the available supply has become rehypothecated into little more than a digital entry and a state of mind. The unanswered call for delivery begins the final lifting of the veil."