Comment Re:How it works (Score 2) 238
It reminds me of this old mystery (to me at least) of why the stomach does not digest itself.
Zero-cost high-speed trading is a sure way for the privileged on-site trader offices to slowly skim the world's wealth into their pockets.
This ever increasing generalized diversion can only be offset by runaway debt and money creation.
Beyond a certain threshold, debt leads to economic crash as in 2008.
Ironically, the short term response has been to hide behind increased debt, leading to the unavoidable disaster that we shall soon observe, unless you believe in miracles.
If there had been a worldwide minuscule (Tobin) tax on trading, this grand theft could not have occured and the subsequent debt-induced crash might have been avoided.
Of course, the thus enriched world financial elite which ultimately controls all political decision making will never tolerate such a tax which would render high-speed trading useless.
I am semi-reliably informed that if you're talking about Virii, you're more likely to be talking about lots and lots of men
Well, you are poorly informed then!
"Virii" does not exist at all.
The plural of "vir" (man) is "viri" (men), even if there are lots and lots of them.
I am beginning to feel proud to be a nerd: people stink!
Luckily for the thief, the theft happened in HSBC and not in Switzerland.
The theft happened in HSBC-Geneva. And Geneva is still in Switzerland.
The thief, Hervé Falciani, openly escaped to France.
The french minister Eric Woerth who used the list is guilty of concealment according to swiss law and faces arrest if he travels there even on official business.
an unexplained blank spot in an otherwise comprehensive public database draws more attention to you than leaving it there in plain view would.
This is why the view should not be blanked or blurred but replaced by an ordinary looking fake.
"Your mother was a hamster, and your father smelt of elderberrys!" -- Monty Python and the Holy Grail