Authored by: joef on Wednesday, April 18 2012 @ 03:54 PM EDT |
The article is the best argument I've heard for a small transaction fee on
trades: something on the order of $10^-5 or so per share or $100 value of bonds.
It would be collected, say quarterly, and amounts due of less than $5 or so
would be waived.
This small fee would introduce some badly needed hysteresis to the process.
Given that the traders are willing to spend hundreds of millions to slice
milliseconds from the transaction time, another good way to introduce hysteresis
would be to add delays in the process, perhaps by introducing a nominal
10-millisecond delay varied by a random factor between 10% and 190%.
What we would be introducing by these means would be curtailing an implicit tax
collected by those users of the trading process who can afford to throw these
vast sums and an army of techies at the problem, all at the expense of all of
the other traders. Not unlike the Microsoft tax on all computer systems.
Perhaps the fee could help fund the SEC.[ Reply to This | Parent | # ]
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- They already do. - Authored by: Anonymous on Wednesday, April 18 2012 @ 08:56 PM EDT
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Authored by: Anonymous on Wednesday, April 18 2012 @ 04:41 PM EDT |
I can't help but like this judge :). [ Reply to This | Parent | # ]
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Authored by: PolR on Wednesday, April 18 2012 @ 11:26 PM EDT |
PJ says:
How many emails from 2005 do you remember now? Seriously.
And in a courtroom, on the witness stand, if you don't recall, that is what you
are supposed to say.
How many emails a typical executive receives
in a day? In a company of the size of Google, most executives receive more
emails in a day than they can humanly find the time to read. Expecting an
executive to know about an email just because his name is on the mailing list is
naive. Most of them were probably left in the inbox unopened.
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Authored by: Anonymous on Thursday, April 19 2012 @ 02:34 AM EDT |
Setting aside the irreverence of the
Newspick, and setting aside that Google wouldn't have much
enthusiasm for GPLed software
or the sparc hardware, what would Google and
Oracle have bid in an auction for Sun? [ Reply to This | Parent | # ]
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Authored by: dio gratia on Thursday, April 19 2012 @ 04:16 AM EDT |
Florian Mueller Admits Oracle Has Hired Him. Raise Hand If
Surprised
"Any enclosed discipline sets its stamp, its pattern, upon its
students. That pattern is susceptible to analysis and prediction."
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Authored by: Anonymous on Thursday, April 19 2012 @ 05:08 AM EDT |
Given the level of work that has gone into preparing for this trial I, and I
suspect the Jury might agree, find Larry Page constantly saying "I don't
recall" a little disconcerting.[ Reply to This | Parent | # ]
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Authored by: Winter on Thursday, April 19 2012 @ 07:13 AM EDT |
Pot, meet Kettle.
Larry Ellison knocks Oracle's Linux
strategy
...Ellison said "If people could copy our software and
create cheap knockoffs of our products, we wouldn't get paid for our engineering
and wouldn't be able to invest what we invest."
The
funny thing is, copyrights haven't kept Oracle from copying Red Hat Enterprise
Linux (RHEL), adding a few tweaks, and rebranding it as "Unbreakable Linux." It
doesn't seem to keep Ellison up at night that Oracle's strategy could hamper Red
Hat's efforts and prevent it from investing in the R&D that produces
RHEL.
--- Some say the sun rises in the east, some say
it rises in the west; the truth lies probably somewhere in between. [ Reply to This | Parent | # ]
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