First Google, Now Goldman360?
Would the nearly two days of "scheduled maintenance" for Goldman 360 include installing some anti-Shanghai IE bugs perchance? Wouldn't it be ironic if the Chinese could sell just-purchased Treauries using a hacked, third party REDI account.
Where are the research-inclined going to get their dose of contradictory GDP (Team O'Neill - Team Hatzius) perspectives? Luckily, REDI is always there, come rain or shine, or even another AIG collapse - thank you Tim Geithner.
(4 votes)
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on Sat, 01/23/2010 - 01:26
#203547
Maybe it had to do with goldman selling like crazy today.
on Sat, 01/23/2010 - 01:31
#203552
By ironic you mean tragically truthful, right?
on Sat, 01/23/2010 - 01:38
#203558
If the Chinese do hack Redi, maybe they can upgrade the trading platform. It sucks and is the worst platform I have ever used. I have an entire list of improvements. Maybe the Chinese will listen as GS sure doesn't.
on Sat, 01/23/2010 - 06:18
#203635
Knowing them, they'll just copy it poorly like they do everything.
The joke is on them.
on Sat, 01/23/2010 - 12:05
#203800
Quiz time! What is the origin of the phrase 'jerry-built'?
on Sat, 01/23/2010 - 22:31
#204256
What is the origin of the phrase 'jerry-built'?
Answer: The Grateful Dead
on Sat, 01/23/2010 - 08:21
#203662
It may suck, but serious volume comes through that pipe.
Tell us who you do like?
on Sat, 01/23/2010 - 01:40
#203559
nice snag, TD.
on Sat, 01/23/2010 - 05:49
#203630
why doesnt ZH do any pieces about AG ?
With all due respect because its taken for granted that US is the breadbasket of the world.
Take note. And take notes.
Im sure Ag gets some due but not near enough for I dont read every piece.
With a growing world population of 300,000 (aprx) per day how can this be ignored ?/
HOW CAN 300,000 PEOPLE ADDED TO THE PLANET EVERY SINGLE FRIIGINN DAY IN AN ERA OF PAPER MONEY ?
what is real and what is not ?
paper or food ?
food or oil ?
on Sat, 01/23/2010 - 17:14
#204024
not sure what you're talking about. silver gets plenty of love here. :-p
on Sat, 01/23/2010 - 22:52
#204265
300,000/day? 3,000,000+/day can be accomodated with fiat money!
Print-n'-Procreate
on Sat, 01/23/2010 - 06:01
#203632
Worry not stu, mother nature is a great moderator. She is letting our generation play with so many things and watching us serenely. The time is coming fast for Her to stand up and show this tiny little bug his place.
on Sat, 01/23/2010 - 11:17
#203770
As a former SoCal now in the Aloha State for the last decade this couldn't be any more truthful.
on Sat, 01/23/2010 - 13:46
#203872
Did you by chance just see Avatar?
on Sat, 01/23/2010 - 06:11
#203633
why do you constantly harp on GS ?
its stupid
even if we werent in a recession its stupid
I could care less and so do 230 million Americans *minus the kids)
ok so this is an "investing" forum
good luck because everyone is going to need it
laugh if you will :>
on Sat, 01/23/2010 - 09:23
#203689
This is an investing forum?
I was thinking it was one of the few investigating forums, investigating financial markets corruption and manipulation, and investigating the spin on the economy the manipulators sling.
While it may not be a high tech CSI center, a few souls at ZH and few more that post here seem to reveal more than entire SEC bureaucracy and financial MSM combined can manage; at minimum, they ask more questions.
One of the major take-aways I get from this site is to think long and hard about "investing" in traditional financial markets given they are totally corrupted and manipulated. Not that I believe manipulation can swamp fundamentals and macroeconomic trends forever, but there can be a lot of hurt in middling time that can be tweaked endlessly by men behind curtains.
Of course, you could really score with some of the info presented here, but is that ZH's reason to be?
If I were to try to brand myself as an ace investment guru, I don't think Tyler and Marla are the identities I would assume....wasn't the movie's TD's point that it was time blow up the record of debt and start over again in a less commercial, less materialistic way. Hardly the typical hero of some frat boy who is trying to get rich quick and acquire lots of toys by outsmarting the market.
Sure there is lots of analysis here but have you noticed most of it is presented as counter-information to MSM and government/FED sources and is not focused on the many long bullish moves that are surely out there in some sectors, regions?
And you think focusing on GS is stupid?...wouldn't not focusing on them be a bit like ignoring the smoking gun in a homicide investigation. Sure the gun may not be the whole story, but it is smoking, has fingerprints on it, it has a 99.999 percent chance of being the murder weapon, and if you find its owner and his/her motives, you may be able to unravel the larger conspiracy behind the assassination performed with use of said gun. I heartily endorse ZH's focus on GS.
If you want complete investment guidance on all markets and and all types companies, on both good long and short positions, this is obviously not your place.
Get over it, don't whine.
on Sat, 01/23/2010 - 09:25
#203692
I could care less and so do 230 million Americans *minus the kids)
Stu: your comment gets "dumbest of the week" award.
By those numbers, you are saying that 100% of adult Americans don't care about the GS issues. Apparently you don't read a wide variety of information sources and haven't looked at any polling data.
on Sat, 01/23/2010 - 10:10
#203722
DH - Have at it! Btw, my response is up at; "All you need to know, Greenspan endorses Bernanke". Have a good one.
on Sat, 01/23/2010 - 11:37
#203786
new article this am in the contributor section as requested
on Sat, 01/23/2010 - 07:40
#203651
treat me bad
http://www.youtube.com/watch?v=23UkIkwy5ZM
on Sat, 01/23/2010 - 08:13
#203656
whats wrong with you ?
*smiles have all turned to tears)
come on
and be mine
Im gonna love ya anyway
on Sat, 01/23/2010 - 08:16
#203659
oop due diligence b4 i get beat
suprmes
come cme
http://www.youtube.com/watch?v=PycKSdKG_74
im lonely for u baby
come see bout yur baby
on Sat, 01/23/2010 - 08:25
#203663
It will be interesting to see how Obama's boys distinguish between agency vs principal vs prop trading vs whatever.
I never saw so much political cover...................
on Sat, 01/23/2010 - 08:27
#203664
Although most of you could care less, the Euro is doomed.
It was always doomed , you just couldn'nt admit it.
When history collides, its everyone knew.
Euro cannot support an ill conceived child. Technicals or a 10 year F or ewave wont save you.
If your lucky your grandma migt save you.
on Sat, 01/23/2010 - 08:32
#203665
Gs may be trying to shore up its hacker protection so things like what happened to the climate fraud group will not happen to them. Imagine if GS emails and phone logs were subject to FOIA.
Or, maybe it has already happened and they are paying hush money to the hacker, and, now are trying to prevent the event from happening again.
on Sat, 01/23/2010 - 08:44
#203667
No No No..ya'll got it all wrong. Its not maintenence, it's REPAIR.
The hack had already occurred. Didn't you hear the reports of Hal900 feverishly pounding the big green BUY key to no avail? All the while cursing, " Help Boss, the MF won't let me buy!!" How else do you explain the past 3 days???
on Sat, 01/23/2010 - 10:32
#203740
the schw retail trading platforms are are also shut down for 'maintenance'.
is there a pattern here? how deep and wide is this dark pool and where is the bottom?
are we talking about a clandestine, remote control of the markets the joy stick???
on Sat, 01/23/2010 - 08:57
#203673
Two days of maintenance should allow GS to purge its platform of any incriminating code and trading records just in case they're ever requested by subpoena. Kind of like Bush's "missing" e-mails. Who knows? Whether criminal or civil, I can imagine the day that the firm is brought before a court of law. It's either the courts or the mob.
Let them eat cake.
on Sat, 01/23/2010 - 09:23
#203687
Yaeh, It all happened when their robots failed to prop up the market last week. On Thursday, they thought the robots are taking a break, but by Friday close, they realized they have some IRobot and had to take it out. Last i heard, their tech guys are the scouring their data center looking for the culprit.
on Sat, 01/23/2010 - 09:29
#203696
Oh wait, the CSI Wall St has found that it's the in fact the detective from Chicago that killed the Sonny (gs-robot) and the tech guys are actually mourning it's death. :)
on Sat, 01/23/2010 - 10:12
#203725
Stu,
When 6 of the first 15 comments are yours, you can pretty much assume you're masterbating in public. And we're not amused.
on Sat, 01/23/2010 - 10:25
#203738
Unfortunately, despite all the glee here regarding the "demise" of GS (and I would love for them to be closed, believe me), GS alums still run the Treasury and the Fed. I wasn't aware of any resignation or termination announcements coming out of either fine institution. I am fairly sure GS was aware of the White House rhetoric well in advance of it hitting the wires, and gladly bought puts on their stock and other financials. They'll wait a few months, close the positions, and go long financials again when this whole thing blows over. You people think GS can't trade through this successfully?
on Sat, 01/23/2010 - 10:34
#203743
I'm not that technical but being down for 2 days is weird. Surely they have the money to be able to build a parallel offline system then simply switch one over for the other? Meaning they'd be down for a couple of hours at most as the system integrates the latest changes in the database.
Why would they need to be down for 2 days?
on Sat, 01/23/2010 - 11:02
#203757
Monday looks to be ugly at this point.
on Sat, 01/23/2010 - 11:11
#203764
Buy GS, they treat shareholders right!
on Sat, 01/23/2010 - 12:15
#203785
I have a feeling that an inside job has just taken place at GS. Something along the line of- he stole my emails and I want them back because they prove we used inside information to manipulate the markets. But they are not so stupid as to call on Geithner to rush an arrest again. Besides, Geithner does not have enough sense to use his daughter's cell phone when calling all his buddies with the inside information that LB is going down.
I think the trading software fix is a smoke screen.
on Sat, 01/23/2010 - 12:19
#203817
Question for ZH:
What part of Goldman's profits come from trading Treasuries?
What firms are in The Fed's back pocket in the trading of Treasuries?
If Goldman has a large part of this business how can Americans put pressure on the Fed to stop doing business with Goldman?
Thank you for your website.
on Sat, 01/23/2010 - 12:26
#203824
So there is must be no truth to the rumor that GS will soon be a Chinese company? That might be fun for them intially since the govt will let them do whatever they want.....but I can't see it. In China, the rules are not as readily bent and the consequences much more severe, swift and sometimes quite 'final' for eventual non-compliance!!! Its much more fun for them to play along with every little drama in congress.
on Sat, 01/23/2010 - 14:03
#203886
Interesting. I noticed on Thursday and Friday very strange trading. One of the Stocks I follow is FCX.
It was almost impossible to actually see where the stock was trading. Say the stock was at $75. bid and $75.01 Sell you would then see a trade go thru for $159. and bid $159. ask $159.01. Then you would see a normal bid of say $75. Then would would see a trade for $13. with a bid of say $13 and ask of $13.01.
It was very confusing and extreemly hard to follow. I noticed this on quite a few stocks. I was not sure what to make of it.
The only thing I can think of is that Goldmans Computer does not do well with High Volume. We have seen this before when the trading on the NYSE was shortly halted. The trading before that halt was exactly like what I saw Thrusday and Friday.
With all of the Trades going thru Goldmans computer before they hit the Market their Computer or their Broadband may not be adequate to handle large volumes. It probably confuses the Computer as it cannot keep up trying to evaluate and frontrun every trade.
Although, hacking is a big problem. If Goldman hired a Programer smart enough to create the program to Frontrun stocks, I am sure there is another more qualified Programer who could hack into the Computer and make it do what they want.
P.S. What ever happed to the Programer that supposedly stold their software? If he removed it from Goldman's premises did he make a copy? Who would he sell it to?
Thoes are my thoughts.
on Sat, 01/23/2010 - 14:17
#203894
I read that alenikov sent the code to Tzipi Livni in israel, and that she notified the US gov. that GS had it designed to steal money from the market. she sure fell out of favor fast
on Sat, 01/23/2010 - 14:47
#203915
Hi all,
Just so you know, the OCC has been planning to replace the old symbology from Options to a new one(Look up OSI - Option Symbology Initiative from OCC). The first deadline is February 12th, and a lot of brokers out there are working on this big change. Could explain why GS and SCHW are down for 2 days. The impact is major as it will change the whole way options are handled (New symbol, longer, could break systems, etc..). The back office, as well as trading plateform must be changed... I do not think it has anything to do with wednesday-friday crash. Volume is still pretty low compared to 2009...
on Sat, 01/23/2010 - 22:01
#204236
About Goldman Sachs, has Zero Hedge responded to Goldman's response to Zero Hedge's questions?