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Security

Submission + - Goldman in 1.5bn bail-out as computer model fails (computerworlduk.com)

Cheese Toasty writes: "A hi-tech hedge fund belonging to Goldman Sachs was so badly hit by last week's stockmarket turbulence that it lost over $1.5bn (£750m) of its value after the computer algorithms it was using for algorithmic trading failed to deal with the unpredictable markets. http://www.computerworlduk.com/management/it-busin ess/it-organisation/news/index.cfm?newsid=4586"
Education

Submission + - Standard tests do not work for autistic children (msn.com)

Cheerio Boy writes: "As any geek knows when you apply a standardized test to anything there will be a certain percentage that will not fit that test just by definition. IQ tests have long been the subject of controversy for testing what you have as existing skills and knowledge rather than your ability to think and learn. (Though some tests are worse at this than others.)

So it's no surprise that when you apply a standardized test to an autistic child they do not do well on the language and human interaction portions of the test. Being unable to interact in the common way they score much lower than normal.

MSNBC has a story about a researcher named MIchelle Dawson at the Rivier-des-Praries Hospital in Montreal that is using a test with less human interaction and showing considerably different results for autistic children:

http://www.msnbc.msn.com/id/20226463/site/newsweek /from/ET/"

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