I'm not sure I'd right off the USPS
It's "write off". It's an accounting term.
It's "right off". It's a mafia term.
But don't expect me to pay lip service to a God that, to me, comes off as a petty, cliquish and vindictive sort, according to your own holy books.
That was only in the Old Testament. In the New Testament, he is caring, loving and forgiving. What happened in between? He got laid!
I'm really not sure what you are getting at here. Have you never heard of anyone using cocaine or heroin without doing stupid things? I have. In fact, only a very small percentage of usage leads to people doing stupid things. Conversely, surely you have heard of someone doing outrageously stupid things after drinking alcohol? There are in fact TV shows dedicated to this very phenomenon!
As for your discussion about the level of addictiveness, alcohol is more addictive than many drugs.
But, despite this correction, during that period of instability, a lot of people's businees were hurt, so they go to the govenment and demand retribution- You think that process should be 6min too?
So who exactly are those people whose business were hurt? You are right that a number of crybabies (with amazingly influential lobbyists backing them up, sadly) did go to the government and demand retribution, but that's simply pathetic. I don't think that process should take 6 min. I think it should take 0 min.
I can see how some people are upset that they sold Apple shares for $0.01. But really, if they are that monumentally stupid, I can't see why it's the government's business to stop morons (here used in the clinical sense, and not (only) in the derogatory sense) from doing stupid trades. I can see the downside, but I completely fail to see any upside to it. Please explain the upside if you disagree.
If trading at a speed faster than some arbitrary limit you just made up is such a bad thing, why don't you start an exchange that operates under these conditions? Seems like a definite win to me. "Individual investors" would apparently find your market model more lucrative and flock to your solution. More money for you, more money for "individual investors" and less money to HFTs. Seems like a huge win for society.
So why don't you start such an exchange? This question isn't rethorical. There are literally hundreds of exchanges/trading facilities being started every year all over the world. Have you stopped to consider for even one second why almost none of them were operated along your ideas, and why every single one of those that were failed miserably? Could it, just possibly, be that you don't quite understand how HFT works and exactly who they are extracting money from?
You could argue that "the free market gave a dumb corporation a 400 million dollar bitch slap in less than a hour" is funny, but actually it,s insightful. It's the perfect example of how companies could and should be punished for doing stupid things.
And here's an even better example: the flash crash of three years ago. In a few minutes some algorithms went haywire and stock prices dropped dramatically, in some cases down to 1 cent. Clearly that was wrong. The free market fixed this issue in six minutes. That's pretty fast, if you ask me. The government is still, three years later, thinking about what to do about it. Really!?
We do pay more for services in Sweden, but it is true that when tuitions and health insurance are included the difference shrinks.
The new toolkit, dubbed “Bouncer,” was discovered in an analysis of attacks on financial institutions in South Africa, Australia and Malaysia in recent weeks. It allows attackers to generate a unique ID for each intended victim, then embed that in a URL that is sent to the victim. Outsiders attempting to access the phishing page are redirected to a “404 page not found” error message.
Other phishing kits have used IP address blacklists to block anti malware companies from viewing their malicious pages, but this is the first known use of whitelisting, RSA said.
The phishing attacks that RSA technicians discovered that used the Bouncer kit were designed to harvest login credentials from financial services firms. The whitelisting feature may well work, especially given the volume of potential phishing pages that security companies review each day. Getting a 404 message may be enough to get a forensic investigator or security researcher to move on to the next phishing site, rather than investigating."
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