HFT LEW...

Comments

[kaiserhoff]

Now and then, I like to think about what honest accounting would do to their budget deficits.

Negative cash flow will bite them in the ass, soon enough.

[pupdog1]

Card punching smirking bastard.

[i_fly_me]

To paraphrase Mr. Bass, the problem with *all* government, especially in this age of explosive technological growth, is that they are driving faster and faster cars, with ever shrinking margins for error, using only the rear-view mirrors.

[Squid Viscous]

Lax Jew... at this point they are just playing games with the sheeple, kind of funny if it wasn't so evil:

Josh Ernest... Samantha Power...etc

[chunga]

Games and circuses for the sheeple? Who could have guessed who runs and profits with that crap?

http://www.solveisraelsproblems.com/jewish-owners-coaches-and-executives...

I'm shocked AND racist!

[BullyBearish]

"In retrospect, I should have known more about HFT..." Jack Lew, Treasury Sec.

[ptoemmes]

I am not convinced they are clueless.  Playing dumb is an old game. In fact it might just be working according to (someone's) plan - just not yours, mine, or ours. Beware of the quiet ones...beware of all of them.

[williambanzai7]

Indeed

[Reaper]

Ir's the 21st Century. High priests, who used to manipulate the gods' systems, have been replaced with high government officials, who manipulate financial systems. The same hustle updated. The sheeple never learn.

[taketheredpill]

Machine to the right of the desk is a Card-Reader.  I used like that to load Fortran programs in 1976.  I hear the SEC is using Floppy Disks now.

[DaddyO]

<- Machine to the right of the desk is a Card-Reader.  I used like that to load Fortran programs in 1976.  I hear the SEC is using Floppy Disks now. ->

More specifically it is an IBM 711, a competitor called Documation made IBM's card readers obsolete. The Documation M1000 was about twice as fast.

I thought I would throw out a wonkish tidbit of info for all the millenial ZeroHedger's who may have never seen such a dinosaur before...

DaddyO

[One of We]

Well yeah, can you imagine how many cards it would take to  download just the money shots in Debbie Does Dallas?

[taketheredpill]

Sorry, mean't to say Treasury Department not SEC.  Does it even fucking matter.

[Solio]

You mean The Plundery Department?

[JRobby]

I hear the SEC has bigger HD monitors though..............

[Uncertain T]

Of course it matters as everyone knows that the SEC uses card driven RPG programs..... Love the modem on the desk

[Mike Honcho]

Public figures that make shameful statements but feel no shame, reiterate how out of touch that group of troglodytes are.

[DavidC]

Jack Lew, the invisible Treasury Secretary.

DavidC

[kaiserhoff]

too true.

At least we knew what Timmay would screw up next.

[the grateful un...]

its hard to imagine, try to wrap you head around this ducklings, the fed and president and his cabinet are technologically out of the loop, now suppose that much is true, what next? they could ask the CIA hey whats going on with this HFT? that might start something but the CIA is the central INTELLIGENCE agency, their main purpose is to gather empirical data about other nations and cultures and climate and stuff, and crunch it (hopefully) into usuable information (stuff upon which you can make poilcy decisions) now maybe we need a policy decision on HFT, if we could somehow regulate it, without subpeonaing all the bankers and making a mess out of the free market AS IT FUNCTIONS, and thank goodness obama and his privies are not going that far. conclusion, things are out of control, (always have been) and they are going right off the cliff (bitcoin) so dont cry for me, CENTRAL BANKERS. your days are numbered, whats next, that should be interesting

[ersatz007]

'free market'  

[Manthong]

So he knows assembly?

At least he’s got some nice 9-Track Tapes to listen to.. probably Tony Orlando.

..and to think my little Android phone has more computing power and storage than Jack’s whole room.