The NYSE is NOT run on an iPad

For a time I worked in NYC at a large IT firm and my mentor at the time had the NYSE account - $35M quota as I remember but he was (is) a top performer - golden circle or whatever it is they award sales guys who land the big deals. In that role, as this guys Sherpa, I learned a lot about Enterprise software and a good amount about the NYSE hardware/software infrastructure. It's massive and they don't dick around with software upgrades on The Street. If someone has the unmitigated hubris to tell you the most prominent marketplace in the world went dark for hours on Wednesday because the MIS dept. was upgrading software (on a Tuesday night!!!) you have every right to call that source a liar. But that's exactly what they're saying.

"The fact U.S. listed stocks continued trading all day Wednesday – despite a halt at the NYSE – is considered to be a victory of the redundancies of the market structure."

Just looking for vulnerabilities boys - next time they'll take down all 13 exchanges. Start prep'n

Comments

Psycho Killer, qu'est-ce?

I came into this wicked world in the early 1960's and as a result I have born witness to America's 50 Years of Failure which includes the modern age of mass shootings by psychotic men who "go off" on a given day, for no reason at all (except "guns"), and kill scads of innocent bystanders. Back in August of 2019 a KOTCB blog post titled " Reciprocity City " explored a young gunman named Patrick Crusius who drove 9 hours through the west Texas flatlands to shoot up El Paso, TX The KOTCB has commented on many of these shootings, bombings and knifings over the years - The roots of the Boston Marathon Bombing , the Emanuel AME Church shooting , Syed Rizvan Farook and his bride Tashfeen Malik , Ft. Lauderdale Airport shooting , Nick Cruz lovesick Parkland shooting , the Iranian, PETA activist, Vegan Bodybuilder, YouTuber's attack on Google and now this very oddly timed and placed "lone wolf" attack on Walmart shoppers. This list

The Real Story with Gretchen Carlson

She was "sexy", but "too much hard work." I'm a regular Fox & Friends viewer (mostly in protest of the other insipid morning programs like Today and Good Morning America) so over the years I've gotten to know Gretchen Carlson pretty well. Stuck between Steve and Brian she always seemed a prudish scold with an irritating, self-righteous demeanor that I simply put up with because I figured some people in the Fox audience actually liked her persona. It was obvious that Steve and Brian did not, but they were stuck with her like so many talking heads and had to make the best of it - which they did. Besides, she was no worse than any of the other women on morning show TV - I mean, you're only going to find a certain kind of person to do this kind of work and that kind of person is the Gretchen Carlson kind. Then, one day, she was gone and replaced by Elisabeth Hasselbeck and the F&F ratings began to climb, and climb and climb - in two months view

Who voted for this guy?

Who voted for this guy? It's been ten days since the results of the Maricopa County, Arizona ballot audit were released to the public and presented at a hearing held by the state senate. This exercise in democratic accountability had been going on for months and, if reports are to be believed, was completed well over a month before the September 24th hearing where overwhelming proof of an illegitimate election was presented to lawmakers . The audit showed multiple irregularities, fake ballots, duplicate counts, errors, omissions and egregious acts of sabotage and obstinance by the Maricopa County board of supervisors who did everything they could to withhold and destroy evidence of wrongdoing from the citizen sleuths. The misfeasance of Arizona's political leaders was clearly defined, shocking and (for some) beyond belief but somehow these facts were discovered, organized, packaged and suppressed for MONTHS by the Cyber Ninjas who were attempting to "get to the bottom&q

Keeper of the Clown Bell

Search This Blog