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Maybe the attention is on the wrong building...
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my god say it aint so, this is getting unreal now
Explain please, I do not understand. thx
What am I supposed to be looking at? I dont know NY very well (I'm assuming thats NY)
1. click on the hyperlink for the blue building.
2. the red pills... er buildlings... well, they don't need an introduction.
Maybe I'm dense, but I don't see a hyperlink for the blue building. And I still have no clue what the red buildings are.
Within the caption "Maybe the attention is on the wrong building..." above the picture, place the mouse pointer over 'wrong building'. There lays the hyperlink, though it may not be evident.
TD, j'adore.
S&P?
C'mon, Tyler. For those of us too "out of it" to recognize NYC as the center of Western Civilization (perhaps we should imagine ourselves how ignorant we must be), this is the epitome of incrutability. I have no links and no frame of reference wrt anything in the picture. Perhaps it's tech dysfunction, but that's how it is.
I'm a world traveler, so I really don't feel bad about not knowing NYC. There's a reason I've avoided it. No interest.
But I'm always interested in your storys, man. Please five a brother a hand.
And please fix this text editor sizing problem that throws every eigth word, on average, into the frickin 3rd column. FWIW, I think you could reduce font size (especially if you went with ariel as your font.) I think the size of your ads and navigation unacceptably crowds you content. (Not to mention that I typed the last three words in the dark.ou know me. Always offering the suggestions.
one does not need to be familiar with nyc to figure out what this is suggesting....google maps and a basic understanding of HFT (believe me, my understanding is only basic) is all it takes.
Yeah, that third column is totally outta control.
Bob Look at what it did to my spelling and coherency on the above post. That ain't me, man.
Jesus H. It misformatted even my last post. I'm not a freak-ass critic, man. I'm actually a guy who's learning drupal myself. I know it's hard. But, if you're like me, you really wanna know about what's not working.
As for knowing NYC or googling it, c'mon.
I know you're just getting the wrinkles out. That's why I'm offering this feedback. You're the Man, man.
Ooops! And so are you, Marla!
Marla's a man???
I would say that she's the equal of any man, but that would be demeaning the fact that by nature she was born at least equal. How do you like the new site, Ruth?
I hate running on and on in responses to myself, but I just have to complete my suggestions on site design. I was the "anonymous" who kept pushing this in the remarks above (before I retrieved my new password to log in.) I'd say the background color in all the blocks in colums one and three should be white. It would be infinately cleaner in appearance. I'd go with Arial and cut down the width of column three also.
I'm sure there will always be additional tweeks that will further improve things (like getting rid of the black banner and sides), but I think those two things will make this site pop much more. I hope they try it out and take a look at what I'm talking about.
Interestingly, once I logged in the problem of my text disappearing into column three disappeared.
Google Mapping the Southern tip of Manhattan if you are not familiar with NYC will give you a frame of reference for which buildings these are, but that's not really what the importance of this is. It's who the main occupants are (well, 85 Broad speaks for itself).
Btw, creating an account here will fix the posting.
Time to take this drinking party public.
Here's one for the road (just a labeled map):
http://wikimapia.org/#lat=40.7031086&lon=-74.0106922&z=19&l=0&m=b&v=8&ifr=1
Drive safely! Or, if you're living in taxiworld, leave some money for the ride and always keep your address in you pocket . . .
nice
Agreed. A couple of more points Tyler :
1. Why do we need to fill captchas for registered and logged in users? It's a pain in the butt to comment. It doesn't seem right that both anonymous and registered users have to go thru the same process for commenting.
2. It would be really cool if you could use Ajax for comment posting, or at least editing, if not both - it's better than having the whole page reload everytime.
3. I still can't figure out what's the point of the three stories displayed at the top. It's just unnecessarily crowding out YOUR main content.
4. Right now, in order to view the highlighted items such as "Today's most popular", etc. I have to (weirdly and uncomfortably) scroll to (somewhere around) the bottom right of the page - perhaps we can have it somewhere we can more easily view it - such as top right or top left, (although I would suggest top left so you can have all the ads consolidated on the right side)? Which brings me to...
5. Instead of ads on BOTH left and right, can we just have 'em all on the right side. This way they are less intrusive and don't crowd out your content from both sides. I promise I will click on a lot of them if you do this (hope Google isn't reading this :-)
6. In the list of highlighted items (such as Today's most popular), perhaps we can also have a list of the latest, say 5, posts in order - would make jumping around the latest posts much easier than having to go back to the main site page everytime we want to view a list of the the latest stories.
7. It would be nice to have some kind of voting system for comments and (keeping track of) comment history for registered users (ala disqus). Just a thought.
One more thing about the "crowdedness" of the layout. The layout should probably look OK on a large (like 30') flatscreen monitor, but it looks way too crowded on a laptop screen - which I guess a lot of people are using to browse. Are you using a big screen for dev? I ask this because I make the same mistake sometimes when doing web development work on my large 30' monitor. Everything looks OK on the big screen but not so much on the lappy (and I'm talking a nice 1440 x 900 res) when I realize that I proportioned everything according to the bigger screen and it ends up looking crowded and bloated on the laptop. Just my 2 cents - hope that helps.
"1. Why do we need to fill captchas for registered and logged in users? It's a pain in the butt to comment."
I have extracted the GS CAPTCHA cracking code from the Aleynika code dump and am offering it up for $10,000 in unmarked US bearer bonds. Please meet me at the Italian/Swiss border if interested.
Not working could you please just put some arrows and boxes please...link not working either....
u just mainline coffee in 24 hour cycles?
J P Morgan Property Exchange now part of NES, what about it?
?
Who laid the fiber?
Squeal, piggy.
i think you are the winner Lothar...
if proximity is the game i guess it is helpful to know exactly whom one needs to be near to.
Your mouth sure looks purty!
Like i said yesterday, Jamie is playing this ftw.
http://www.nytimes.com/2009/07/19/business/19dimon.html?_r=1&partner=rss&emc=rss
And the blue building is 55 Water Street. S&P is there, plus a ton of other financial firms.
http://en.wikipedia.org/wiki/Depository_Trust_&_Clearing_Corporation
Top red bldg = 85 Broad = Goldman's HQ. I'm not sure what is in 2 NY Plaza, but the blue building is the Depository Trust & Clearing Corporation (DTCC), i.e., the biggest financial company you never heard of (hyperlink in OP about what the DTCC does).
Not 2, 1.
Have fun with 120 Broadway.
What is the building between GS and DTCC along the water? Just curious, thank you.
http://www.youtube.com/watch?v=GjSpHAqb2Nc
4 New York Plaza has a JP Morgan Chase sign on the outside
Looks like Two New York Plaza, may be hotels, can't tell
Oppenheimer and Sullivan & Cromwell on Two New York Plaza
Well, the other red building is One NY Plaza, where Goldman also has offices. BTW none of this playing with Google maps prove anything.
TD, what made you post this? info emailed to you about corruption or just the obvious?
this line of thinking is very interesting TD.
if 55 Water is crucial in this game, then 77 Water should not have problem locating occupants
1 William Street...
Who would have thought that the DTC would have come such a long from their green screened settlements system?
Tyler is saying its the DTCC (derivatives clearing trust)that is propping up the markets....and Goldman is just going along for the ride. Its all about Obama and corruption at the highest level to manipulate the markets up, to instill confidence. Think about it, creation of a positive feedback loop. F them ALL!
I was thinking about this yesterday because there were two dudes on CNBC (one on fast money and another on one of the other shows) talking about where the S&P would have to go for the average person to go positive on their balance sheet. I was thinking "there it is". They were talking about S&P @ 1300 - 1350 (seriously). This would give the average personal balance sheet (on debt to equity ratio) the ability to add debt. In other words consume.
My thought was "creating jobs might help". But than i am simple and generally confused (all those green shoots went right to my head).
Further to my idea about Jamie doing some of the governments works vis-a-vie GS and pr, think about where jamie came from. He was thriving in Chicago with Bank One when Obama was coming up through the ranks. GS may be a villian but the house of dimon created CDS. Jamie has the hotline to Rahm and Obamas desk. A democrat who knew BO when he was merely a community organizer in chicago.
Maybe this coming week the devil will shift to become the house of Dimon. The only reason they picked on GS was their size, because in terms of influence and street smarts there's not much difference between JP Morgan Chase and GS.
Hmm.. Dimon a.k.a Damien a.k.a Demon. Nice. If you extrapolate this to HFTs I am sure there are couple of Daemons running.
No way.
Jamie is much better at being less obvious than GS. He has exposure to the "mainstreet".
Look @ their q2 trading.
Jamie takes the good with the bad. Got Wamu for free (doing the fdic a favor) it will add $1b in profits this year.
Then go back and look @ what they stood to lose if BSC went the way of LEH. They became the savior of BSC but in effect saved themselves because of what BSC going the way of LEH would have meant to them.
JPM does not have as much "help" in terms of placement of x executives in government. But in terms of the big prize, if Jamie wanted to be treasury secretary, Geithner would be gone so fast it would make your head spin.
If GS implodes in any way shape or form who wins (besides mainstreet)? Jamie is playing GS as if it were junior soprano.
Right, a street map says it all. FAIL!
BTW TD, the Riddler would have a had a field day with your readers. It's disappointing that so many needed so much help putting together the puzzle.
help me out please, what's he saying, did any poster get it right???????
Krugman NYT, on Goldman:
http://www.nytimes.com/2009/07/17/opinion/17krugman.html?_r=1&em
Something to bake your noodles tonight before you jump on Marla's DJ session:
If you think you own a security - think again. The DTCC is the Registered Owner - holder - of your stock or bond. The DTCC is the legal property-holder, share-holder, stock-holder, owner and purchaser. This means that your lawful Rights in that stock or bond (by default) are confined to that of a successor or heir of DTCC subsidiary Cede & Company
More to follow.
I need the "more to follow". Ok, lets see, I do not own the security. So someone else does. ok. are you talking voting rights? or right to sell? i need help here, i is stupid
Same with CDS, the original CDS, Clearstream, Euroclear etc.
I've repeatedly wondered about that very question. Fuck! I look forward to more on this, Tyler.
Either you are an Fing genius or your list of informants is long and wide enabling DEEP penetration. Your Fight Club alias TD might be better suited as Jason Bourne. We knew DTC was in but not this deep, Just look into Overstock.com for the root of evil in corruptive practices destroying companies using unadulterated leverage and lawlessness.
Double digit CAPTCHA - oh no....
Is true if I hold certificates?
No. But you'll pay out out of the rectum to take physical delivery on every stock you buy - and that's just domestic. Now, about when you want to sell...
Find a bond that is not book-entry only now.
Only the surface is being scratched on DTCC, but it's a deep itch.
Yep... So ur gonna walk the good folks through this one? If, as your teaser allluds I surely hope to see the causal effects of the directed and redirected flow up to and especially the 6th level event on the impact of orders & PSYOP implications for sustainability of the confidence games within our "ownership society".
I agree that the timing and tease on this is excellent.... Baked noodles indeed! WhoT!
Makes you wonder why Sergey Aleynikov was only getting $400,000 for his "latency" reader patent.
He is a pawn in the grand plan.
Some background music for this suspense thriller (which is our life by the way): http://www.youtube.com/watch?v=GjSpHAqb2Nc
This brings up a good point, your link color is too close to the regular text color (black) so it's hard to see.
Man I used to work at 55 Water and I still have trouble identifying the aerial view.
All I can really say here is
WTF
Man I used to work at 55 Water and I still have trouble identifying the aerial view.
Wow, I was about to say the exact same thing. I was looking for the Elevated Acre and coming up empty.
u may get some unwanted attention from some very special agents for posting a map like that ... just sayin
http://www.nyc-architecture.com/LM/LM.htm
I got it, I got it! I'm in with the cool kid's now :-)
"The Cool Kids" of today are going to fix your "retirement" after you have fucked up everything for them.
99 percent of the boomers work hard and do the best they can, they don't whine like that. Take care of your parents, you'd be nothing without them.
Bear market is ova.
The March low is THE bottom: http://bit.ly/3jqB3q
Beanie's been drinking the kool-aid again
Is that you Kudlow? ROFLMAO
For further reading that may help clarify TD's musings on DTC, etc:
http://ming.tv/flemming2.php/__show_article/_a000010-000923.htm
http://seekingalpha.com/article/98297-who-really-owns-your-money-part-i-...
And a little more color available here: http://ming.tv/flemming2.php/__show_article/_a000010-000999.htm
Also read: The DTCC’s CNS naked short selling residue
http://www.deepcapture.com/the-dtccs-cns-naked-short-selling-residue/
Thanks.. Its nice to see where the residue is building up. I have to wonder who is gonna get talked into smoking that stuff for a...headache.. er.. profit or is there another special resolution regeime coming to our friendly map occupants?
Another nice Sunday read,
http://www.rgm.com/articles/financialwire.html
Misdirection.
Just sat and watched some of the movie on TV, this is all getting pretty eerie....sir...
okay, Tyler. your site is sick. Call a doctor - NOW!
let's not take anything out of context. TD submitted an areal view, and by random coincidence or not (economic clustering theory could be a good clue) all of the good guys can communicate between each other by hand signals. Now, whatever that means is for us to decide on INDIVIDUAL level. TD is testing the waters. If you are clean, there is nothing to worry about. If you are really corrupt there no larger fear that someone, somewhere knows... Brilliant, TD you ether nailed the game theory, or the poker game or both. Now, is there a smog without a fire?
Today was the day that Zerohedge jumped the shark. This post is pure drivel. In typical Zerohedge style, it hides a total lack of information behind a 'wink'. It pretends to know something, while communicating as little as possible. This practice preserves Zerohedge's appearance of creibility of course. After all: nothng claimed / no chance of being wrong. Maybe the DTCC is evil? Maybe the S&P is the baddy? Oh noes, it's all so cryptic Marla, do tell us what great secrets you're sitting on! ... Except... There isn't anything more: Just a total lack of information, a suspicion and a blogger's desire to tap into the swirling public maelstrom of anger, jealousy and frustration with 'outsider-status'. There was a time when Zerohedge looked like they might 'out-journalism' the journalists. But meaningless posts like this only assure us that Zerohedge is another blog pretending to be 'dialed in' while grasping at straws. And while conjecture is entirely allowed in the blogosphere, Zerohedge's cryptic format - and informationless posts pretend to be facts -- which you would understand of course -- if you were only as savvy as Marla and Tyler.
Rorschach. An invitation to initiate a script.
I like all that! Loosen up the Kotex, man!
Correct me if I'm totally off the reservation on this one but does this not reek of the snarky musing of one "Dennis Kneale"?
Dennis...was that you?
Aside from your animosity for which i must thank you, as it is, of course, necessary for building some form of team spirit (read Derrida, Lacan and Zizek for the basis for this statement), I want to touch upon a tangent. Zero Hedge is a different media model. Totally different. We realize we do not know everything, far from it. However, we believe that with the crowdsourced effort of our millions of readers we have a damn good chance of at least getting to the democratic 50+1 threshold on a vast amount of topics (think of it as a dynamic wikipedia). And our readers do provide a substantial amount of the content. In addition to hedge fund managers (a lot of them), our readers include IT and telecom specialists, engineers, policy makers and otherwise sophisticated and looped in professionals. You would be amazed at the amount of content that is exchanged behind the scenes, and not only in a Wall Street context. Zero Hedge on occasion will connect the dots for much more focused and much more erudite professionals, and provide them with the forum at that point.
As to your original point, obviously how and why you read Zero Hedge is up to you. If instead of simply never logging on you decide to make a formal statement out of it, well, that is useful information as well and we all appreciate it.
http://www.youtube.com/watch?v=2e3i99IGqvc
On the other end, we all have to keep in mind the Dunning-Kruger Effect in a setting such as this.
Brother, can you spare a few microseconds?
Ha! Most perfect!!
"Zerohedge is another blog"
yada, yada, yada... there are plenty of people, who would disagree. "And while conjecture is entirely allowed in the blogosphere" - at least they haven't F up their integrity in the eyes of people, they way you GUYS from the mainstream media have. And this "blogosphere" , well they have balls to have their own INDEPENDENT views which they do support by facts rather than pretty emotional pledges with zero substance.
p.s. you sound like douche back incapable of logical argument. got to give you a credit, among all of the CNMBC & similar intern attention whores, you took whoring to the whole new level.
Half the fun and much of the beauty of ZH is that, rather than using a sledghammer to crack a nut (like the MSM loves to do in treating its readers like 3rd graders) at every turn, ZH often provides enough information for the reader to connect the dots for herself if she is so inclined without providing merely conclusory statements. Not only that, but it's much more entertaining to have at least a smidgen of foreplay instead of getting right down to it as if the readers were a $15 whore (another thing the MSM loves to do).
Nah. Believe me, it's so much better to work with verified intelligence. Supposition and fuzzy attributions are sufficient, if diversion is your goal. But out there beyond the pleasant gated community, it's interesting how being ambushed and overrun sure as fuck doesn't feel like foreplay. (Oooh, suck on that drama, baby. Mmmm.)
Since were talking worthless trivia, like who occupies those buildings...did you know 55 Water was named "The Tower of Power" when it was built and was in the Guiness Book for the most avaiable KW per Square foot.
Here's a good question...what are those boxes on top of 85 Broad?
IF you want to front run transactions, who's info would be best to have, THE DTCC of course, especially if you can intercept their morse code, phone lines, or fiber....
GS sees all the transactions???
The interesting map to look at for latencies is not the street map but rather the map of the conduits that the fiber runs through.
rather than pulling a new fiber any time someone wants a connection, telcos cobble together the path by patching together spare fibers that get most of the way there.
i'd expect that most of the conduits are set up for 'home runs' -- most fibers running to some central office or colocation facility, since in most cases that's where most of your circuits will terminate.
but lower manhattan is a special case, i'm sure.
oh, and just as another bit of amusement:
telcos are notorious for repatching your circuits around so that the path diversity you thought you were paying for turns into having all your fibers in one conduit and all your eggs in one basket, all subject to the whims of one backhoe..
the conspiracy-minded could get a lot of mileage out of this..
you took the words out of my mouth. a free 0H hat for the first one to provide me the ECS fiber blueprints.
"my fiber line is down"..........."we can get there is 1-2 hours".........."that is unacceptable, we pay $120k a day, GET IT UP NOW! IMMEDIATELY".............verizon daisy chains in a connection in 50 min to save the account
ECS maintains records about its underground infrastructure and its tenants' use of the system. Tenants may obtain copies of certain ECS records, such as "table" maps and Duct Utilization System (DUS) cards, in order to plan routes through the system. To the extent available, ECS can also provide digital copies of any records maintained in that format. Most record requests can be handled on an ad hoc basis, free of charge. However, ECS shall bill tenants for the costs of retrieval, reproduction and shipping of large requests for records.
Some ECS records may contain competitively sensitive information. ECS has a strict policy against disclosing its own confidential or proprietary information or that of its tenants. To safeguard such information, ECS may restrict access to certain records. When responding to tenant record requests, ECS will redact certain records (i.e., DUS cards) to eliminate information relating to other tenants.
http://www.darkfiberresource.com/?p=45
Dark fiber is fiber that hasn't been "lighted" so it's not in use. In terms of computations of actual transmission delays then you have to use maps of the actual fiber in use, though as I posted in another comment, that's likely a waste of time.
Tyler - the blueprints look the same as the GS Web from Muckety. Where's my hat?
Well, also lets remember that photons travel at the speed of light. That means that their transmission time is insignicant within any path taken through Manhattan relative to the network equipment and client/server processing delays which are much greater.
The group propagation velocity in optical fibre is about 0.65 to 0.7 of the speed of light.
The delay induced by switching through a modern carrier-class switch is also measured in the tens of microseconds.
During my telephone conversation, Mr. McNeff was trying to assure me that they [the DTC] have "never lost a certificate or made a mistake in a book ledger transaction". In attempting to give me an example of how trustworthy the DTC is when I asked him how he could back up such a statement, he replied "DTC's first controlled test was 4 or 5 years ago. Do you remember Black Monday? There were 535 million transactions on Monday, and 400 million transactions on Tuesday". He was very proud to inform me that "DTC cleared every transaction without a single glitch!". Read these quotes again: He stated that Black Monday was a controlled test. Black Monday was a deliberately manipulated disaster for many Americans at the whim of a controlled test by the DTC.
What was the purpose of this test? Common sense tells you that you test something before you intend to use it. It's quite obvious that the stock markets are going to 'crash and burn' at some future date and for some 'unknown' reason since the controlled test was so successful. Was this just one of the planned tests for a Y2K internationally planned worldwide economic meltdown? The Great Depression is about to be repeated, and it will be as deliberate and manipulated as the first one that began with the stock market crash of 1929. We are, without a doubt, on the brink of the Mother of all economic Depressions. As of May 3, 1999, the Dow Jones Industrial Average (DJIA) went above a record 11,000 points. Just prior to the 1929 stock market crash, Wall Street was posting record prices, record earnings, and record profits.... just like the scenario we are experiencing today. Will Y2K be a manipulated and deliberate a financial meltdown? Too many facts already support this probability.
Fiber "re-routed" by verizon after 9-11. re-routed for who's benefit?
Here is my crackpot theory for what it's worth.
You can't keep trading with each other forever and they know that. I don't think a bottom has been tested and they are not gona be able to continue to prop up the market for the next 5 years. They are going to set a bottom manually. Limit amount of shares to short except for your friends (gonna have to bring the Chinese along or they will get pissed). Give some hedgefunds a few companies that they can naked short to nothing so they don't get mad. Run a rally to get the dead money into the market. Pull the trigger, collect all the chips, go home.
"Run a rally to get the dead money into the market. Pull the trigger, collect all the chips, go home."
SI, it's not crackpot. Someone, somewhere knows how much money is "out" and who owns it. If the markets are being manipulated up, and it certainly appears they are not trading on fundamentals, then absent money printing or outright counterfeit trades the manipulation cannot go on indefinitely. The "out" money must be drawn back "in." One problem is that this "out" money may still be hiding in Treasury instruments; for this and other reasons I am looking for another round of QE.
It has always been my contention that the greatest financial crisis in the history of mankind must of course be met with the greatest coordinated response in history. Given what's at stake, literal control of the world, no one should imagine that ANYTHING is impossible. Given the well-documented history of lying, cheating, stealing and killing by governments and their allies to keep ahold of power, and given U.S. government's and the Fed's reticence at furnishing "transarency", in the absence of transparency anyone with any imagination at all can lose confidence. Under current conditions, transparency is the opposite of confidence.
The indicator I watch, and I deem it reliable until it isn't, is the "Desperation Index." The pumping that is going on right now is blatantly desperate. Has anyone noticed how "Green Shoots" are turning into "The Recession is Over"? Whether they want to pull the plug or not is debateable; I still believe that this government knows it would not survive an unchecked deflationary spiral.
Here's mine (for what it's worth):
1.) Goldman, JPM, State Street, the exchanges, etc. are only able to do what they are doing with the complicity of the government (which is conveniently made up to a large extent of ex-GS employees).
2.) The most obvious way to keep the bubble inflated is to encourage the consumer to go out and spend. The Obama administration is disqualified from doing so, since they ridiculed Bush for doing that very thing in the aftermath of 911.
3.) Goldman, JPM, State Street, the exchanges, etc. have been tasked by the current administration with keeping the bubble inflated (at least partially) by any means necessary. If they were to short the markets hard, Rahm has dead fishes all packaged up and ready to deliver.
4.) I am painfully aware of GS as a powerfull force for something.
So with all those theories, are you guys making money or losing money? Or are you staying out?
Staying out.
Fighting Robots.
Run a rally to get the dead money into the market. Pull the trigger, collect all the chips
Wash, Rinse, Repeat!
From time immoral, the "Smart money" has always bought at the beginning and middle of market trends, and then used their analysts and media to sucker Joe Public(aka "the dumb money") to buy/sell so they could go distribute into and make nice fat profits.
Good point, but they may be in too deep this time. I think they also need to keep the marketing machine rolling in case we need a war (the old standby for centuries). I am looking for a line in Vegas with odds on an Iraninan war in the next 6 months. Big brother needs to keep the options open.
I've mentioned this before and I'll mention it again: if you can see all the stop-loss sell orders, you could wreak total havoc, and profits...
Uh, you don't actually think DTCC has record of all stop-loss orders, do you?
Or are you talking about some other conspiracy?
the market goes up, the market goes down
Could this be a high-speed version of "Catch me if you can"?
So DTC is a clearinghouse for "everything" and knows everyone's positions at all times. Is someone implying that the information is being compromised?
Terrorists can read and reason too,you know.
Um, I don't want to step on any dicks, but,
http://www.dtcc.com/downloads/annuals/2008/2008_report.pdf
Page 56,
'Total assets: $50,943,569' (in thousands)
So, that's $50,943,569,000. That's hardly 'the $20t dollar company' And when you minus liabilities... well..
Am I missing something?
propping up the equity market to make the american consumer solvent = printing lots of money = (hyper)inflation ?
I'm a telecom person and here are details on the fiber most of these financial firms have in place. First, financial companies are some of the earliest adopters of telecom technology. You'll see it implemented (on a large scale, not small scale like a startup Internet firm) in financials first because they can justify the ROI quickly. Also, security is extremely important. Lastly, they are faster than many types of telco circuits. These circuits can run at 192 Gigabits per second. If speed is an advantage, these types of circuits have it.
There are two type of fiber, private and carrier provided. Of the carrier provided, there is also private fiber for the subscriber's use and theirs only. Public is just that and often is simple carrier Ethernet services between metro buildings. No self respecting Wall St firm is using any fiber that is not considered private. To own the fiber themselves they would have to install and maintain the fiber and its security. Many firms do this for short distances. Dark fiber is often purchased and given to companies so they can "light" the fiber with private telecom gear.
Private carrier fiber is fully managed by the carrier with multiple redundancies in the event of a disaster. Example, most telco fiber is installed as a ring. The ring will connect between multiple company sites (data centers, NYSE, offsite disaster recovery location) and often the telco carrier. At the carrier the fiber can connect to telco services, voice, LD, global data networks). The important thing to remember is that the financial firms pay big money for the private fiber to be documented on each section so that if there is any reason the fiber is not "threatened" by construction, changes at the telco carrier, etc., the firm can change the design ahead of this concern so the data is always protected. The redundancy of the networks and their survivability is audited as well for companies like these.
The real risk to these networks (or any network for that matter) is the ability to tap into the data stream and capture the packets and the underlying information. On a private fiber circuit the financial firm would be responsible for securing their own circuits. That includes conduits, end points, the actual hardware at the end of the circuits, etc.
On carrier provided circuits the same concerns exist but the end points are inside the carrier central offices. The carriers do allow access to the government when cause is provided (example, after 9/11). Keep in mind, it is extremely easy for security to be breached on any of these fiber circuits if someone allows remote access to the end points. The end points are the points in the end user's data center. The carrier side is normally very secure (if using with the big telco's).
So, from a telecom pint of view, these are very secure, very reliable and very fast circuits.