[quote=partypup]
Really? Because it seems to be taking the media by surprise. If it’s not news, then why is Bloomberg reporting it as “doomsday” software? Why are the other major media outlets like Reuters picking up a story that is *yawn* such old news and reporting the software’s unusual capability if it’s merely a program to front run orders? Curious.[/quote]
The reason is news is because market making software was stolen and COULD BE used to front run orders if someone wanted use it maliciously. Where the tin foil hat crowd goes off is that they immediately assume it was being used by GS for that purpose.
[quote=partypup]
Sorry you can’t connect the dots. I’m not going to think for you. But I want to get this straight: We have “hairbrained” (think you mean “harebrained”, BTW), “obviously false allegations” being raised by “wacky people”. Is that your position? And yet, the case is not being dismissed, but is instead being heard on its merits. Gee…I wonder if the hairbrained (sp) military cases go to the Special Wacky and Patently False Military Claims Court? LOL! You’re killing me. Your argument would have been so much stronger if the court had decided not to hear the case. You do realize that, don’t you? Have you ever been to court, BTW? It doesn’t sound like it.
Hey, did you know that the judicial system has a neat little system for dealing with harebrained cases? They’re dismissed without being heard. It’s called summary judgment. But that didn’t happen here. So sit back and wait for a decision and keep the barbs and snipes to yourself. Because until the court hands down a decision, your defense of the proferred b.c. is just as “wacky” as the plaintiff’s allegations – no matter how loudly you bleat or how many times you call your opponents “wacky”.[/quote]
Its just a silly case of people wanting something that isnt there and grasping at straws. If you read the links provided its pretty clear the judge is saying one thing while the plaintiff lawyer is claiming another.
The judge is getting through the technical aspects of what is wrong with the filing before even considering the merits of the case. You take that to mean the judge gave the case some legitimacy where in fact it means the judge just says “You dotted the i’s and crossed the t’s wrong, get back to me when you do it right”. So when in fact the plaintiff does do that it will then get dismissed and the whackjobs will complain its a conspiracy and find another million reasons why they can call whoever is currently president not their president. It happens with every president its just funny to see how it manifests itself every cycle.
