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Comment Re:Who likes to be screamed at (Score 1) 791

Never encountered anyone yelling? Do you work in credit risk? That's more sedate than trading. I sure as hell have had people yell at me at every Wall Street trading desk I've worked at. Here is a small sampling of incidents:
  1. 1) at an options trading desk by a future Forbes billionaire and his blonde assistant;
  2. 2) at a trading desk at Merrill Lynch when debugging the code of an options trader who was on his honeymoon cruise on the day his options were expiring;
  3. 3) at CitiBank by a random trader who angrily demanded that I fix something to do with Word Perfect--I had nothing to do with it.

This doesn't include violent outbursts by traders on the floor. I left Wall Street. I developed tinnitus and could no longer hear the yelling.

Comment The typical HFT job interview (Score 1) 791

Occasionally I receive calls for HFT jobs from recruiters
who represent elite hedge funds. Here is the typical exchange.

RECRUITER
You’ll be working with astronomically smart people. One
group uses crystalline cohomology to obtain the best
polynomial time approximation algorithms for
intractable problems in HFT. The engineer who did this
was an embryo prodigy who taught himself calculus
within ten to the negative sixty-seven seconds of conception.

ME
Is that the work you have in mind for me?

RECRUITER
No. You’ll be cleaning the group’s digital bed pans.

ME
Perhaps you should recruit a Nobel Laureate.
Thanks for calling.

Security

Submission + - LulSec helping out for a change (yahoo.com)

An anonymous reader writes: Sega Corp joins the ranks of video game companies to ne hacked in recent time with one small twist, it seems LulSecz was not behind this one. They reached to Sega's official twitter account and offered to "destroy the hackers that attacked" them https://ancillary-proxy.atarimworker.io?url=https%3A%2F%2Ftwitter.com%2F%23!/LulzSec/status/81765889329991680

Submission + - Military Drone attacks are not "hostile" (huffingtonpost.com)

sanzibar writes: Not satisfied with the legal conclusion of the DOJ, the Obama administration finds other in-house lawyers willing to declare a bomb dropped from a drone is not "hostile".

The strange conclusion has big implications in determining the Presidents compliance with the law. If drone strikes are in fact hostile and he continues his Libyan campaign past Sunday, he may very well be breaking the law.

Medicine

Submission + - Infertile Daughter To Receive Uterus From Mother (singularityhub.com)

kkleiner writes: "Led by Dr. Mats Brännström, a team of surgeons at the University of Gothenburg in Sweden are giving Sara Ottosson, now 25-years old, hope that she may one day fulfill her dream of giving birth to a baby. The uterus will come from a very special donor: Eva Ottosson, Sara’s mother. Sara’s operation will mark only the second time transplantation of a uterus has been attempted in humans, and the first time between a mother and daughter."

Comment physicsforums.com (Score 5, Informative) 411

The Japan Earthquake thread in the nuclear engineering forum at physicsforums.com has become a more reliable and timely source of information on the stricken reactors at Fukushima than mainstream news sources, according to commenters posting from Japan. The latest news:Japan's Nuclear and Industrial Safety Agency says air may be leaking from theNo 2 and No 3 reactors at the Fukushima Daiichi power plant.Another example, as of March 30, 11 AM JST: Radioactive iodine 3,355 times legal limit found in seawater near plant. Another from March 30: IAEA Confirms Very High Levels of Radiation Far From Reactors.

April 11, 2011. The Japanese government's nuclear safety agency has decided to raise the crisis level of the Fukushima Daiichi power plant accident from 5 to 7, the worst on the international scale. Also, see this post from the physics forum. In each case, the news was available on physicsforums.com before publication in the mainstream press.

Let's hope that the Japanese government does not suppress this essential source of information.

Comment Re:What's a good alternative? (Score 2) 764

Consider the BeBook Neo or Club readers. These will read many of the popular ebook formats.

Some libertarian-minded commenters here seem to think that Amazon is operating strictly within a "self-regulating" free market and ought to have the rights of private individuals and especially conservatives, who demand the freedom to ignore externalities. In fact Amazon actively engages in monopolistic practices and resists free markets. (I'll avoid the larger issue that Amazon depends deeply on government to ensure that markets it operates in function under controlled conditions, but resists acknowledging this and tries to avoid paying for the services it takes for granted, such as trademark, copyright, trade secret and patent protection--like many companies.)

I used to have an Amazon Kindle. They advertise low prices for electronic books. But those purchases are tied to an Amazon Kindle account, not to you. You cannot transfer a book you have read to someone else, as if it were a real book. The analogy between physical property and intellectual property breaks down. Amazon controls downstream copies of the electronic books you purchase from them. You pay $9.99 to Amazon for an ebook in the mistaken belief that you are saving money on the purchase of merchandise that purportedly behaves like physical property. In fact, that $9.99 helps Amazon stifle markets. If I sold you my Amazon Kindle with the books I purchased, and you re-registered the Kindle in your name, my books would vanish. It would be as if I sold you my bookshelf with books I purchased from Amazon, and Amazon removed the books once you claimed the bookshelf.

You could say that I agreed to whatever terms Amazon devised. Fine: not acknowledging that Amazon's monopolistic practices have nothing to do with free markets is ideology. And that is one reason why I am recommending the BeBook reader.

Comment Re:Linking != publishing (Score 1) 369

If linking is publishing, then the RIAA and MPAA are plagiarists, because they claim that something you published (a citation) violates their intellectual property. Their attempted identity theft by passing off a citation you wrote as if it were protected by their copyright is reason enough to avoid business with the companies they represent.

If linking is publishing, then citation is publishing [citation needed], and we are all guilty by transitivity.

Comment The music industry is economically insignificant (Score 2) 369

There were around $15.8 billion in sales in "premium content" in 2010. No economist would consider this industry economically significant, but we have intellectual monopolists shrieking that piracy is shutting down the economy.

But stifling natural markets is destroying the economy: the intellectual monopolists demand control over all copies (of a piece of music, movie, article, etc). This limits your ability to sell or give away the copy you purchased. The downstream control of all copies of a copyrighted work is completely unlike physical property, so the analogy between intellectual property and physical property breaks down.

The phrase "linking is publishing" is misleading. Copyright protects specific forms of expression; unless the link occurs within the copyrighted page (and even in that case), it is a new form of expression. A link is a citation. The claim that citations violate the intellectual property of the owner of some cited work is worse than copyright violation: it is plagiarism. In this case, the intellectual monopolist is claiming that a work he did not produce, the citation, is his own. This is plagiarism, which involves identity theft--a social evil.

If "linking is publishing" then "citation is publishing" and we are all guilty by transitivity.

It is because intellectual monopolists like the music and movie industry want to make their plagiarism your copyright problem that I avoid listening to their music and watching their movies. Thanks to their efforts to limit competition, it's rubbish anyway.

Comment Why I will not donate to Wikipedia (Score 1) 608

My attempt join the Wikipedia community was prematurely cut short when an admin blocked a range of 8192 Verizon IP addresses. I found this out when attempting to edit my user page. My attempted appeal was summarily dismissed--there is no mechanism for distinguishing legitimate users from vandals. To add insult to injury, Wikipedia requires that the appeal remain on my talk page until the range block is lifted some time in 2011. Until then, I will not be donating to Wikipedia. There are plenty of other worthy causes.

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