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Comment Re:Wanna earn $200K+? Two words... (Score 1) 473

Absolutely true. Your solutions had better work with the five different versions of Excel on the trading floor. Prepare to watch your calculations get fed into a shadow system based on MS Excel and Access, and into different trade management platform.
Prepare for desks to strong-arm you into direct access to database tables (it is you versus the portfolio manager, who do you think will win?)
How about multiple security master tables? Since desks are too impatient and roll up their own solutions.

A complete clusterfuck - P&L and trade management is generally a fail. Just think of the billion/multibillion dollar megalosses from rogue traders in the past decade.

Andover Chick and networkBoy are spot on.

(I was a developer at two large hedge funds, one of which was a statarb, the other was a mishmash multistrategy.)

Wall Street is an intellectual cancer on society.

Comment Re:This will only work (Score 1) 149

Yep, I've been there many times on business since the mid-80's. Not only is the air "apocalyptic" in the major city/manufacturing zones, most of the population is addicted to the products of the state-sponsored/invested cigarette companies. Upon their ivory (uhhhh... jade) tower, the politburo figures that this will keep the population down so they don't end up like India. And if the population gets uppity, well, that is what the army is for.

Comment New York City (Score 1) 854

Here in New York City, if an medium sized earthquake hit, hundreds of thousands of people would be killed since many structures aren't built with earthquakes in mind. Manhattan sits on a big chunk of bedrock, but there are some fault lines nearby (fairly stable ones at that.)

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