Slashdot Mirror

← Back to Domains

Domain: thesanitycheck.com

Stories and comments across the archive that link to thesanitycheck.com.

Comments · 7

  1. Re:Reducing inefficiency is the key by Froomb · · Score: 1 · on Algorithmic Investors on Wallstreet
    This, of course, is nothing new - markets adjust to new technologies all the time and eventually the opportunities they offered disappear; for example when the telegraph first came out no doubt someone discovered they could buy an item at one place for less then the same item where they were and arbitrage the prices - but as more people started doing that the spread disappeared.

    Nor is the creation of pools of money (aka hedge funds) to take advantage of average investors, with the assistance of a captive regulator and compliant media, new. Presumably corruption and illegality could be modeled, too, for fun and profit.

  2. Re:I'm outraged! by Tackhead · · Score: 4, Interesting · on The Future & History of the User Interface
    > Where are the glorious UI innovation like Clippy and Microsoft Bob?

    On the shitcan of history, like the unreadable choice of default font on Slashdot, the Star Wars Galaxies NGE, the changes to Yahoo's stock message boards, and two recent changes to Google Maps, one of which has made broke printing impossible (users are now reduced to taking goddamn screen captures and printing those!), and and another one that auto zooms and recenters, instead of merely re-centering the map, on double-click, making navigation a time-consuming process of setting a desired zoom level, clicking to recenter, slowly loading a bunch of tiles you don't need, then unzooming back out, and loading yet another set of tiles.

    In each of these cases, user feedback was nearly universally negative, and yet the "improvements" remain in place.

    If this is UI innovation for Web 2.0, give me Web 1.0 back.

  3. Re:Short that Shit! by RalphTheWonderLlama · · Score: 2, Insightful · on SCO Stock Continues Downward Spiral
    "good luck finding shares of SCO to borrow"
    That doesn't seem to stop anyone from shorting, at least the professional scammers and hedge funds. Everyone (SEC) lets them get away with it too, so I wish I could get in a hedge fund because they are the ones making money at the expense of regular investors.

    I remember reading an article in which the owner of a company had every single stock certificate that was issued in his posession and yet millions continued to trade each day.

    http://www.thesanitycheck.com/
    http://www.thesanitycheck.com/Default.aspx?tabid=6 6&EntryID=385
    http://www.thesanitycheck.com/BobsSanityCheckBlog/ tabid/56/EntryID/350/Default.aspx
    http://www.businessjive.com/nss/darkside.html
    http://faulkingtruth.com/Articles/LettersToEditor/ 1018.html

    http://faulkingtruth.com/Articles/LettersToEditor/ 1031.html
    "Can it get any more blatant than this? Look at all the SEC departures over these past years and note how many are moving over to cushy jobs working at firms whose clients are these big Hedge Funds. SEC Director of Enforcement Steve Cutler, US Attorney Ken Breen, and now Hansen have all left their federal posts to take lucrative (cannot be turned down) offers from the Hedge Fund industry. "

    http://www.cmkxshareholderscoalition.net/

    ever heard of Overstock.com OSTK, or Novastar Financial NFI? plenty of stocks are victims.
    There are now a zillion imaginary shares in the market, and nobody has to own up to them.
  4. Re:Short that Shit! by RalphTheWonderLlama · · Score: 2, Insightful · on SCO Stock Continues Downward Spiral
    "good luck finding shares of SCO to borrow"
    That doesn't seem to stop anyone from shorting, at least the professional scammers and hedge funds. Everyone (SEC) lets them get away with it too, so I wish I could get in a hedge fund because they are the ones making money at the expense of regular investors.

    I remember reading an article in which the owner of a company had every single stock certificate that was issued in his posession and yet millions continued to trade each day.

    http://www.thesanitycheck.com/
    http://www.thesanitycheck.com/Default.aspx?tabid=6 6&EntryID=385
    http://www.thesanitycheck.com/BobsSanityCheckBlog/ tabid/56/EntryID/350/Default.aspx
    http://www.businessjive.com/nss/darkside.html
    http://faulkingtruth.com/Articles/LettersToEditor/ 1018.html

    http://faulkingtruth.com/Articles/LettersToEditor/ 1031.html
    "Can it get any more blatant than this? Look at all the SEC departures over these past years and note how many are moving over to cushy jobs working at firms whose clients are these big Hedge Funds. SEC Director of Enforcement Steve Cutler, US Attorney Ken Breen, and now Hansen have all left their federal posts to take lucrative (cannot be turned down) offers from the Hedge Fund industry. "

    http://www.cmkxshareholderscoalition.net/

    ever heard of Overstock.com OSTK, or Novastar Financial NFI? plenty of stocks are victims.
    There are now a zillion imaginary shares in the market, and nobody has to own up to them.
  5. Re:Short that Shit! by RalphTheWonderLlama · · Score: 2, Insightful · on SCO Stock Continues Downward Spiral
    "good luck finding shares of SCO to borrow"
    That doesn't seem to stop anyone from shorting, at least the professional scammers and hedge funds. Everyone (SEC) lets them get away with it too, so I wish I could get in a hedge fund because they are the ones making money at the expense of regular investors.

    I remember reading an article in which the owner of a company had every single stock certificate that was issued in his posession and yet millions continued to trade each day.

    http://www.thesanitycheck.com/
    http://www.thesanitycheck.com/Default.aspx?tabid=6 6&EntryID=385
    http://www.thesanitycheck.com/BobsSanityCheckBlog/ tabid/56/EntryID/350/Default.aspx
    http://www.businessjive.com/nss/darkside.html
    http://faulkingtruth.com/Articles/LettersToEditor/ 1018.html

    http://faulkingtruth.com/Articles/LettersToEditor/ 1031.html
    "Can it get any more blatant than this? Look at all the SEC departures over these past years and note how many are moving over to cushy jobs working at firms whose clients are these big Hedge Funds. SEC Director of Enforcement Steve Cutler, US Attorney Ken Breen, and now Hansen have all left their federal posts to take lucrative (cannot be turned down) offers from the Hedge Fund industry. "

    http://www.cmkxshareholderscoalition.net/

    ever heard of Overstock.com OSTK, or Novastar Financial NFI? plenty of stocks are victims.
    There are now a zillion imaginary shares in the market, and nobody has to own up to them.
  6. Re:Does anyone have more info? by Anonymous Coward · · Score: 3, Interesting · on SEC Launches Take-Two Investigation

    This sort of thing happens all the time. Basically vulnerable companies are targeted by hedge funds who short the shares in the company. Then they work with their cronys among the media and regulators in order to create bad news (SEC investigations being one of them) in order to drive the stock price down.

    This is the battle that Overstock is going through right now. And Krispy Kreme and Vonage and Delta Airlines.

    You can read more about this at http://www.thesanitycheck.com/, http://www.faulkingtruth.com/ and http://www.investigatethesec.com/.

    By the way, and "informal" investigation technically is where the SEC ask for documents and provides them. They turn "formal" when the SEC issues subpoenas in order to get the information.

  7. SEC smoke by Anonymous Coward · · Score: 1, Informative · on SEC Formally Investigates IBM

    Many recent SEC investigations have drawn much media attention and then closed with 'no action needed'. Wall Street market manipulation? This may be one of those. If you trust the SEC to do the right thing, read on.

    Could be to distract attention from the biggest problem since the S&L debacle/regulatory failure of the 80's. (Almost destroyed financial system at taxpayer expense.)

    The SEC has been ignoring and covering up 'naked shorting' by hedge funds. The problem is huge and is part of the Refco blowup. (Remember several months ago when the media was afraid of a wide-spread hedge fund blowup that could affect the whole market?)

    Now, before anyone says that shorting is perfectly legal, let me say, yes, it is. But naked shorting is not, and hasn't been since 1934. It is also called "Failure-to-deliver" and if you want to take the red pill, start here:

    http://www.thesanitycheck.com/
    http://www.investigatethesec.com/
    http://www.ncans.net/
    http://www.businessjive.com/
    http://www.faulkingtruth.com/