Wall Street's Swoon
If computerized trading is found to have accelerated yesterday's trading carnage on Wall Street, it may spark demand for tighter regulation of high-speed trading.
"Some of the carnage on Wall Street yesterday was apparently caused by technical errors. ... If computerized trading is found to have accelerated the slump, this may strengthen demands for tighter regulation of high-speed trading. But to blame human error and algorithms entirely would be far too sanguine. The market was already falling when the freefall occurred."
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Quoth the parrot — "Nevermore."
- Edgar Allan Poe (1809–1949) is considered one of America's great writers.
- Poe penned his most famous poem, The Raven, in his 30s.
- Originally, the poem's feathered subject was a bit flamboyant.
Evolution doesn't clean up after itself very well.
- An evolutionary biologist got people swapping ideas about our lingering vestigia.
- Basically, this is the stuff that served some evolutionary purpose at some point, but now is kind of, well, extra.
- Here are the six traits that inaugurated the fun.
- Facebook and Google began as companies with supposedly noble purposes.
- Creating a more connected world and indexing the world's information: what could be better than that?
- But pressure to return value to shareholders came at the expense of their own users.
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