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Norwegian Day Traders Convicted For Manipulating Computer Trading System

An anonymous reader submits news of the conviction of two Norwegian day traders, Svend Egil Larsen and Peder Veiby, who were on Wednesday fined and given suspended sentences (Norwegian court, Norwegian document) for cleverly working out — and cashing in on — the way the computerized trading system of Interactive Brokers subsidiary Timber Hill would respond to certain trades. They used the system's predictable responses to manipulate the value of low-priced stocks. The pair have gotten some sympathetic reactions from around the world, and promise to appeal.

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  1. * to be charged with phuking everything up by Anonymous Coward · · Score: -1, Offtopic

    have to be the gays, right? muslims, no? koreans? are there any other choices? god? no such thing. conspiracy? no such thing. broken trust? not here in god's country?

    the corepirate nazi holycost (life, lberty etc...) is increasing by the minute.

    you call this 'weather'?

    continue to add immeasurable amounts of MISinformation, rhetoric & fluff, & there you have IT? that's US? thou shalt not... oh forget it. fake weather (censored?), fake money, fake god(s), what's next? seeing as we (have been told that) came from monkeys, the only possible clue we would have to anything being out of order, we would get from the weather. that, & all the other monkeys tipping over/exploding around US.
    the search continues;
    google.com/search?hl=en&source=hp&q=weather+manipulation

    google.com/search?hl=en&source=hp&q=bush+cheney+wolfowitz+rumsfeld+wmd+oil+freemason+blair+obama+weather+authors

    meanwhile (as it may take a while longer to finish wrecking this place); the corepirate nazi illuminati (remember, (we have been told) we came from monkeys, & 'they' believe they DIDN'T), continues to demand that we learn to live on less/nothing while they continue to consume/waste/destroy immeasurable amounts of stuff/life, & feast on nubile virgins while worshipping themselves (& evile in general (baal to be exact)). they're always hunting that patch of red on almost everyones' neck. if they cannot find yours (greed, fear ego etc...) then you can go starve. that's their (slippery/slimy) 'platform' now. see also: http://en.wikipedia.org/wiki/Antisocial_personality_disorder

    never a better time to consult with/trust in our creators. the lights are coming up rapidly all over now. see you there?

    greed, fear & ego (in any order) are unprecedented evile's primary weapons. those, along with deception & coercion, helps most of us remain (unwittingly?) dependent on its' life0cidal hired goons' agenda. most of our dwindling resources are being squandered on the 'wars', & continuation of the billionerrors stock markup FraUD/pyramid schemes. nobody ever mentions the real long term costs of those debacles in both life & any notion of prosperity for us, or our children. not to mention the abuse of the consciences of those of us who still have one, & the terminal damage to our atmosphere/planet (see also: manufactured 'weather', hot etc...). see you on the other side of it? the lights are coming up all over now. the fairytail is winding down now. let your conscience be your guide. you can be more helpful than you might have imagined. we now have some choices. meanwhile; don't forget to get a little more oxygen on your brain, & look up in the sky from time to time, starting early in the day. there's lots going on up there.

    "The current rate of extinction is around 10 to 100 times the usual background level, and has been elevated above the background level since the Pleistocene. The current extinction rate is more rapid than in any other extinction event in earth history, and 50% of species could be extinct by the end of this century. While the role of humans is unclear in the longer-term extinction pattern, it is clear that factors such as deforestation, habitat destruction, hunting, the introduction of non-native species, pollution and climate change have reduced biodiversity profoundly.' (wiki)

    "I think the bottom line is, what kind of a world do you want to leave for your children," Andrew Smith, a professor in the Arizona State University School of Life Sciences, said in a telephone interview. "How impoverished we would be if we lost 25 percent of the world's mammals," said Smith, one of more than 100 co-authors of the report. "Within our lifetime hundreds of species could be lost as a result of our own actions, a frightening sign of what is happening to the ecosystems where they live," added Julia Marton-Lefevre, IUCN director general. "We must now set clear targets for the future to reverse this trend to ensure that our enduring legacy is