Re:Nanex Gets $700k Whistleblower Award from SEC
by PhantomGremlin on Thursday March 03, 2016 @05:53AM
(#11216084)
often the correct explanation is somebody had a bug
That's true in general. But there are literally billions of dollars in play every day on Wall Street. One quip I've heard is IIRC "there are no coincidences on Wall Street".
Never assume bad intentions when assuming stupidity is enough
Wall Street does not, in general, employ stupid people. Stoned, perhaps (c.f. Jimmy Cayne), but not stupid.
That's true in general. But there are literally billions of dollars in play every day on Wall Street. One quip I've heard is IIRC "there are no coincidences on Wall Street".
Never assume bad intentions when assuming stupidity is enough
Wall Street does not, in general, employ stupid people. Stoned, perhaps (c.f. Jimmy Cayne), but not stupid.