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High-Frequency Programmers Revolt Over Pay 1018

An anonymous reader writes "Programmers who design and code algorithms for investment banking are unhappy with their salaries. Many of them receive a low 6-figure salary whereas their bosses — who manipulate these algorithms and execute the trades — often earn millions. One such anonymous programmer points out that he was paid $150,000 per year, whereas the software he wrote was generating $100,000 per day."

Comment Re:Only one question... (Score 2, Informative) 262

Have you been paying attention to T-Mobile at at all lately? Because that's not even true. They're 3G coverage has expanded to the point in the last year alone that it's at 85-90% of AT&T's 3G coverage. They cut the timetable for their rollout of 3G from 36 months to 17 months. I literally had 3G turn on overnight in my own neighborhood just a couple of nights ago.

And even IF you don't have 3G coverage in your area - you will soon - and if you have WiFi in your house (who doesn't?) you'll be off and running with high speed internet access when you're at home.

Comment Re:Nothing to Do with Free Speech (Score 1) 686

Bob--

Right on -- I was going to post exactly the same thing when I saw your post sitting at the top.

This isn't a free speech issue. YouTube can post, or not post, or delete, or not delete, or revoke, or not revoke, anything they want. It's their server, and it's their website. You don't have the "right" to post anything on YouTube anymore than you have the "right" to come into my house and start insulting my furniture.

Comment Take a little insider info on this... (Score 2, Insightful) 159

Anders left for one simple reason - he was tired of working on Delphi/Object Pascal. He saw Java, wanted to go and work on a "Delphi for Java" (which became JBuilder) but Borland refused and said; "No.. you're the Delphi Guy". He replied; "No.. I'm the former Borland employee" and quit.

Then he called Microsoft. And of course, MS was more than happy to snap him up. Since MS couldn't succeed in screwing over Java into their own image - they reinvented it as C# - nothing more than a pale immitation. Sorry .NET guys - your guiding light in Anders failed.

Now Blake Stone - the "JBuilder Guy" and later CTO, OTOH, while I'm sure Microsoft thought they were getting a good deal in hiring him. They didn't. I'm still not sure what that guy actually did for JBuilder (or for Borland) that was worthwhile other than be an example of what happens when you DO NOT practice good dental hygene.

JBuilder is now basically dead - replaced by "Peloton" (i.e. JBuilder on the SWT-based abortion from IBM known as Eclipse). While I like some things about Eclipse (like it's pricetag) the SWT-based approach just makes Eclipse so much garbage on non Windows platforms (like Linux) and downright unusable on the Intel-based MacOS. Nice job, IBM - you've succeeded in muddying the waters even *MORE* for Java as a viable desktop platform.

But I digress....

I miss the Borland of the Turbo Pascal days too. But they're long gone. In fact that company has been gone since just before they bought Paradox.

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