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ABeeSea
searching PlanetScale…
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28 ms
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271.
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ABeeSea
6y ago
Real time settlement and instant bank transfers would mean RH wouldn’t need to put up any collateral. And even same day settlement after close of markets plus instant bank transfers would have completely avoided all this. I commented as suc
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ABeeSea
6y ago
They can't use customer funds for collateral. If you give $100 to RH for a stock, RH gives $3 of their own money to the clearinghouse. Two days later you get your stock, the buyer gets your $100, and RH gets their $3 back. The $3 turne
273.
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ABeeSea
6y ago
Fidelity and Vanguard run their own clearinghouses and don’t touch DTCC. Robinhood technically does as well, but they still do the vast majority of their clearing through DTCC. Pretty likely RH will invest in their clearing operations this
274.
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ABeeSea
6y ago
Intent matters. In your hypothetical, they wouldn’t be able to rely on the argument of risk management if their risk profile hadn’t changed.
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ABeeSea
6y ago
Since the collateral requirements were based on their net position, sells reduced their collateral requirements while buys increased it. This was a risk management decision and since they don’t profit directly from the price moving one way
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ABeeSea
6y ago
They just got a $1B and it’s looking like everything they did was legal and within their rights. If anything good comes out of this whole fiasco, can it be the end of ACH and the beginning of an instant bank settlement system? Extend that t
277.
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ABeeSea
6y ago
Not everyone has a laptop or a desktop. And you can do plenty of research on a phone or iPad.
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ABeeSea
6y ago
Because the trade isn’t instant. It takes 2 days to settle the clearinghouse during which time RH has to put down cash as collateral that they won’t go bankrupt in those two days.
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ABeeSea
6y ago
It’s not meant for day trading; it’s meant for investing.
280.
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ABeeSea
6y ago
So after the first 5 minutes, what do you spend the rest of topology doing? Abstract point set topology came way after the study of “holes” chronologically. Riemann used the genus an an invariant of compact surfaces when he was studying com
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ABeeSea
6y ago
Not in Alabama. There’s a reason the federal government had to use the national guard to force Alabama to follow Brown v Board of Education and let minorities attend the state college. This was in 1963, less than 60 years ago. It’s not like
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ABeeSea
6y ago
Alabama never updated parts of their constitution to remove it as they kept losing federal court cases. It just became unenforceable. For example their constitution still contains language for school segregation and removing voting rights f
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ABeeSea
6y ago
It’s because it was written to oppress minorities in as many ways as possible. > At the beginning of the 20th century, the President of the Alabama Constitutional Convention, John B. Knox,[12] stated in his inaugural address that the int
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ABeeSea
6y ago
A company is just a financing vehicle. Oxford itself can’t exactly have a Series B to raise capitol to bring research “to market.” And even if they could, it’s not clear that they should given the risks inherit in a speculative start-up.
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ABeeSea
6y ago
The incentive to make money is a great motivator for making investments in things that better humanity. I think recycling is great, but I’m not going to bankrupt myself starting a recycling company given the current market conditions.
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ABeeSea
6y ago
The article has one throw away line supporting the headline and then a lot of fluff. The WSJ journal article has a lot more background on the various parties behind this and the financial incentives. www.wsj.com/amp/articles/
287.
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ABeeSea
6y ago
You have to take the entire phrase “forever chemicals” together. It’s a subset of chemicals that don’t break down / take a long time to break down and can’t be processed by the human body. At that point, it becomes a well defined phras
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ABeeSea
6y ago
Tesla got a large amount of government subsidies and tax incentives, both federally and at the state level. Tesla would have gone bankrupt many years ago without the government. https://www.latimes.com/business/la-fi-hy
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ABeeSea
6y ago
R: Government doesn’t work. R gets elected and proceeds to sabotage government R: See government doesn’t work! Example: Trump put Rick Perry in charge of the Department of Energy including our nuclear labs. Rick Perry had previously said
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ABeeSea
6y ago
> ISIS being a foreign terrorist group, the U.S. can criminalise membership. Extremists being a domestic group, mere association can’t be criminalised. Only individual actions can be criminally pursued. Senator Sheldon Whitehouse suggest
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ABeeSea
6y ago
Social media companies that compete for engagement (eye ball time) to sell to advertisers.
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ABeeSea
6y ago
I never said the entire right-wing is terrorists. The militia groups and q-anon recruit right-wing Christians to extremist causes in the same way ISIS recruited right-wing Muslims to extremist causes. In both cases, they use propaganda and
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ABeeSea
6y ago
AWS also a a very large contract with another Twitter competitor: Pinterest
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ABeeSea
6y ago
AWS launched RDS with MySQL 4 months before the first version of ElasticSearch. Yea in that case it was Oracle, but I think it was clear what the direction was. And it was definitely clear in 2014 with Aurora and Redshift. They could have c
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ABeeSea
6y ago
You did read it wrong. “American right-wing” was an adjective on the noun “terrorist.” You interpreted “American right-wing” as a noun. I updated the language.
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ABeeSea
6y ago
I’m looking through the @blklivesmatter Twitter account and I don’t see any calls to violence. Can you point me to one? https://mobile.twitter.com/Blklivesmatter
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ABeeSea
6y ago
You were the first commenter on this thread. Your comment was removed because all you did was call Krebs a “loser.” Did he shut down your carding network or what?
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ABeeSea
6y ago
If you don’t want your IPs revoked, maybe you should follow the local laws and regulations that govern keeping those IPs? Just a thought.
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ABeeSea
6y ago
These groups are already generating social conflict. De-platforming ISIS from Twitter and YouTube worked to stop their massive growth of new members through propaganda. There is no reason to believe it won’t also work on American right-wing
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ABeeSea
6y ago
Scotland should kick them out as well. Also I find it kind of hilarious how many people who hate Brian Krebs go out of their way to comment on his website. “Free speech” warriors don’t seem to understand freedom to associate or free markets
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