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Deutsche Bank is number one this list.

Oh boy. They bought my business's bank (Postbank). It was okay until they transitioned Postbank IT to their own systems, massively delayed, with several long outages that made the news, and it's still worse than before now.

It was common knowledge that Postbank had good IT for a bank, but the acquirer had to show them who's boss instead of learning from them.


DB failed upwards. They couldn't fail, they were far more systemically important than Lehman or Bear.

Yeah, that’s implied

LOL yeah.. I mean.. yeah.

If someone asserts something without proof, then it can be dismissed.

Simple as that.

If I said all donuts are spaceships, readers are not obligated to go and google it.


Treating the 4th time the same conspiracy would be happening—after 3 previous times proven to be true—as a nutty conspiracy theory is itself nutty. Detached from reality.

You're free to doubt it, it's not absolutely certain, but pretending the chance is near zero is just not even remotely as rational as you seem to think.


Its an equivocation fallacy.

Theres never any "proof."

Theres no "proof" on the internet.

All we ever have is "evidence," and varying degrees of trust or mistrust in it.

Reality ... always good for downvotes.


If I said water was wet you are not obliged to Google it either. If someone continues to assert that water cannot make you wet even after being informed that water makes things wet because they hadn't been provided proof, and they didn't bother to check, that might be on them.

Hynix is charged with carrying out the conspiracy by:

  * Participating in meetings, conversations, and communications in the United States and elsewhere to discuss the prices of DRAM to be sold to certain customers;

  * Agreeing, during those meetings, conversations, and communications, to charge prices of DRAM at certain levels to be sold to certain customers;

  * Issuing price quotations in accordance with the agreements reached; and

  * Exchanging information on sales of DRAM to certain customers, for the purpose of monitoring and enforcing adherence to the agreed-upon prices.

  * Under the plea agreement which must be approved by the court, Hynix has agreed to cooperate with the government in its ongoing investigation of other DRAM producers.
KOREAN COMPANY--HYNIX--AGREES TO PLEAD GUILTY TO PRICE FIXING AND AGREES TO PAY $185 MILLION FINE FOR ROLE IN DRAM CONSPIRACY

US DOJ link: https://www.justice.gov/archive/opa/pr/2005/April/05_at_207....

This is remarkably different than someone claiming donuts are spaceships when the company itself was charged and pleaded guilty, and it's a matter of public record.


I agree.

The required investment is just a lot larger in AAA. So just from a risk management perspective, people look to reduce the risk level.

Doesn’t really lend itself to creativity unless people involved have a track record.


If you want to quick primer to read tonight I suggest “The Economic Organization of a POW Camp by Radford”. Will be free download.

Thank you!

I was transfixed as I read the first half this morning. I look forward to finishing it later today.


Agree 100%. I generally find Google Meet to be the least bad video conference option (with Teams = Worst).

Same thing

Command line tools seem to mesh well with AI. Why would they move away?

Precisely because the agent is becoming the user of the command line tools now, these are all being abstracted behind an interface which blurs the developer/user requirement…

The original question is, why aren’t Apple fixing the CA problems for the command line tools (whereas they have done it for .app’s such as Safari), and the reasoning is, because the user will just have to fix it themselves, because Apple don’t care about the command line users - they see that these command line tools are, indeed, becoming the front-line for agentic development, so .. presumably, they have an .app bundle which does away with this problem, to be shipped on the horizon ...


Some markets, for example, corporate bonds, are mostly on BB chat. They are dealer markets. And dealers will provide “runs” of prices on chat. List of 200 bonds and their prices.

So if you want to trade bonds, need BB as that is where it is happening. Keep in mind some of these bonds trade infrequently (sometimes few times a month).

Having said that, there are more and more bonds trading electronically all the time.


NYS typically ranks 1-10 in states for education. NYC is a big portion of that ranking. Would not be so quick to call NYC education poor. There are pockets of badness but the overall picture isn't bad. I know plenty of people making 7 figures that send their kids to public school in NYC.


Which is fine if you are building tools for financial professionals. It is the aesthetic of choice. And is generally very functional for this purpose.


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