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Comment Re:either sympathy or accusation (Score 1) 168

800 pounds seems about right. $440/day is only $88,000/yr. I made $480,000 last year doing HFT core and strategy coding. Of course my salary is technically only $100,000/yr and the rest is in bonus. I'm hoping to crack $650,000 this year since my strategies are producing better PNL and my Sharpe ratio is stratospheric.

I will never understand the Slashdot and geek dislike of HFT. It pays coders more than any other industry, and you get exactly what you deserve. But I guess a lot of people here are lazy tools that expect the world to just hand them a living.

Image

Food Activist's Life Becomes The Life of Brian 165

krou writes "After food activist and author Raj Patel appeared on The Colbert Report to promote his latest book, things seemed to be going well, until he began to get inundated with emails asking if he was 'the world teacher.' In events ripped straight from The Life of Brian, it would seem that Raj Patel's life story ticks all the boxes necessary to fulfill prophecies made by Benjamin Creme, founder of religious sect Share International. After the volume of emails and inquiries got worse, Patel eventually wrote a message on his website stating categorically that he was not the Messiah. Sure enough, 'his denial merely fanned the flames for some believers. In a twist ripped straight from the script of the comedy classic, they said that this disavowal, too, had been prophesied.'"
The Almighty Buck

Submission + - The coder behind the mortgage meltdown. 2

axjms writes: New York Magazine has a confessional/abdication from the man who wrote the software that turns mortgage into bonds and those nasty little things called CMOs. An interesting first person account from a coder whose work reached far beyond what he or anyone could have anticipated.

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