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Comment Dark pool quotes (Score 1) 222

Should be worth zero to any organization that must mark securities to market. Or as a cost basis for securities purchases. We (our regulators) don't know what you paid for it. For all we know, that cash expenditure was for Hookers & Blow. So when you sell it, you owe cap gains on 100% of the revenue. And while you are holding those securities, your bank or broker won't loan you a penny against those holdings.

Otherwise, feel free to speculate. And good luck.

Comment Re:Pilot error? (Score 1) 506

Too early to tell. They had good visibility, but there's talk on a pilot's board that this runway had inoperative ILS glideslope and PAPI equipment. Pilots too dependent on these aids could have come in too low or high and over compensated.

For those who understand NOTAMS:

Q) KZOA/QLPAS/IV/BO/A/000/999/3737N12223W005
B) FROM: 13/07/06 22:19C) TO: 13/07/08 22:19 EST
E) RWY 28L PAPI U/S

Q) KZOA/QIGAS/I/NBO/A/000/999/3737N12223W005
B) FROM: 13/06/01 14:00C) TO: 13/08/22 23:59
E) ILS RWY 28L GP U/S

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