# Prof. Roy Smith on Knight Capital's rescue

1 Faculty News August 6, 2012 ![Forbes logo](/sites/default/files/styles/246w/public/assets/images/con_030508.jpg?itok=SId6k3bx)>

Excerpt from [Forbes](http://www.forbes.com/sites/halahtouryalai/2012/08/06/knight-capital-the-ideal-way-to-screw-up-on-wall-street/) -- "'This is the way the way things should work in this kind of situation. It was a free market solution to a free market problem,' says [Roy Smith](http://www.stern.nyu.edu/faculty/bio/roy-smith), a finance professor at NYU Stern."

[Read more](http://www.forbes.com/sites/halahtouryalai/2012/08/06/knight-capital-the-ideal-way-to-screw-up-on-wall-street/)