The 119-page government complaint alleges that S&P repeatedly “adjusted and delayed” improvements to its analytical models and “knowingly disregarded the true extent of the credit risks” associated with the CDO investments it rated.
Category: Finance
Trading Is Very Simple
David Kyte :
Trading is very simple; either you make money or you don’t make money. I wasn’t depending on anyone else. When you work for someone else, if you make money somebody gives you a bonus and if you lose money, somebody else pays your salary. When I was working for myself, it was the ultimate meritocracy, I was worth exactly what I made, no more, no less.
Excess Cash on the Balance Sheet is Wealth Destruction
So usually, the managers go down the road of making dodgy acquisitions and wasting shareholder money to maintain growth when they should be returning that money to shareholders, who are the real owners of the company.
Why Online Dating Services Are Like Financial Markets
In that sense, online dating services bring the same thing to the market for relationships that modern, electronic trading platforms bring to the financial markets: In a word, liquidity.
Too Fast To Fail: Is High-Speed Trading the Next Wall Street Disaster?
But why stop there? One trading engineer has proposed positioning a line of drones over the ocean, where they would flash microwave data from one to the next like the chain of mountaintop signal fires in The Lord of the Rings. “At what point do you say, ‘This is fast enough’?” asks Brent Weisenborn, a former NASDAQ vice president.
Abnormal Capitalist 