Well, except for the race and gender of the officer involved. Ya think that had anything to do with the decision not to prosecute?
I'm sure the Justice Department is rushing to review this case for federal law violations just as they are doing with the BART cop...
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An excellent - albeit rambling - look into financial markets ("Crisis Redux: Road to Perdition") had this insightful little tidbit on High Frequency Trading (HFT) that drives virtually all of the market volume -
A liquidity analysis by Abel-Noser indicates that the US stock market has morphed into a sickly concentrated pool where the top 99 stocks account for 50.1% of total domestic trading volume. In June, the top 20 stocks accounted for 28.9% of all domestic volume, an increase to record level logged each month. The HFT algorithms are forced methodically in a reduced number of only the most liquid stocks. The game actually results in gradual removal of players from the market.Well THAT'S not good. HFT is what they THINK may have caused the 1000 point drop in the market a while back. It sure doesn't look rosy, and I don't think it's going to get any better any time soon.
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Gotta go - teaching an introductory firearms class and then have a one-on-one student right afterwords. Every student today is a female! I love that change in outlook from just a year ago.
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5 comments:
Perhaps, as usual, women are allowed to get away with murder :-)
LOL, I'm not goin' there! ;-)
The market has had anemic volume and the BDI has been on a record decline for over a month. Oh yea, our country can no longer pay the interest on our debt...
Anon, yeah, I heard that lately, the volume for the NYSE has been way down, and like the article noted, the trades are highly concentrated. Not good.
What is BDI? I'm not familiar with that, and can't find anything that seems associated with stocks.
Our interest payments will have no where to go up, as well. Once we have to start paying rates for T-bills that recognize the risk associated with them, we will be even more screwed than we are right now.
A wise Latina know who she can kill and get away with it.
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