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Comment Re:Synergy (Score 2) 138

if you look at his track record with DOGE, then you can see his diktats can easily go awry. He walked away from the Fed. Gov. after he screwed it up, he won't be able to walk away from GonzoWhopper Elmo, Inc.

Screwing up the federal government, which was conducting multiple investigations into his companies and himself personally, was exactly his goal. He destroyed the agencies that were trying to regulate him, and investigate him. Being able to steal everyone's data was just a nice side effect to him. Being able to kill funding that was helping to keep hundreds of thousands of African children alive was his way of giving a giant FU to them.

Comment Re:You cannot destroy data, harmless or not ... (Score 3, Insightful) 333

He didn't destroy the data though, the officer did when he blindly put in the code that was given to him. If they are serious about wanting to get into the phone, they should have cloned it first, and then worked off of the copy, and none of this would have been an issue.

This is sloppy work by customs.

Comment Re: Yes (Score 2) 202

Nearly 50% of stocks are held in retirement plans. It's not that the shareholders only care for the next dividend. It's that the shareholders are passive (as you also pointed out), or are one level removed (in index funds).

The fund managers don't want to rock the boat with the companies because the companies get to pick who manages their retirement accounts, so essentially the retirement accounts are yes votes and not ownership oversight.

Comment Re: Gambling linked to fraud (Score 2) 14

It's more that people want their money now and it takes time to verify. So there's a touch of arbitrage to be had being a market maker when people want to cash out 30 minutes early.

It's not fraud, it's taking advantage of gambling addiction.

Note. I didn't read the article, but it's known ther s time based arbitrage between an event and the official resolving of it.

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