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Comment on Trading Program Ran Amok, With No ‘Off’ Switch

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So, some of the owners were looking for a way out, and magically this thing broke loose and started giving away (basically) free money to undisclosed receipients. In the meantime all the technicians were fast asleep and couldnt kick the machines down or something, while they were losing milions of dollars per minute. This article is a completely honest recap by completely honest people, about completely honest traders/bankers (bankers are not people).

Edit: on a COMPLETELY unrelated note, trading firms/banks are known to actively pursue the extraction of money from their clients with bogus trades/advice http://www.nytimes.com/2012/03/14/opinion/why-i-am-leaving-g...

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