Joe Petviashvili

I am a student, so these have to look unproffesional.

Pakistan Telecom has decided to (accidentally probably) hijack their IP address space which means that nobody in the world can reach Youtube." The Pakistani government blocked the access to YouTube "because of content deemed offensive to Islam".

People pay them to pollute big social sites and get traffic, and they’re ok with being slammed for that. As long as they make money. The whole operation is complete with founder pseudonyms (Ragnar Danneskjold, Vasili Taleniekov), proxied whois records, more...

“I am sorry but I have a hard time buying the fact that a trader was able to set up a ’secret trade’ of €4.9 billion without anybody finding out." SocGen's unwinding of the massive rogue positions on Monday would more...

Kervial was trained in the back office, so almost certainly he knew how to do things that were under the covers. Which points to a crazy state of affairs: how is it at all possible to do things that are more...

“and delivering link filled holding pages for hundreds of thousands of sites.”

Notice that peaks are at exactly 60%, 70%, 75%, 80%, 85%, 90%, 95%. The peak at 65% is less visible, but is still there.

Oz's strategy is quite common: take a position that yields high returns with high probability and extremely poor returns with low probability, and keep your fingers crossed.

the programmers tampered with parameters to publicly predict 8 to 7 odds for Eisenhower

when someone purchases a stock, there is a three-day stock settlement period during which a broker or a trader must provide a purchaser with that stock. However, through loopholes in the system, brokers and traders can legally not provide you more...

It has been estimated that to lose such a large sum Kerviel must have had open positions of up to $50 billion. The current investigation is the largest fraud investigation in banking history.

However, they argue that Citigroup, the only lender that hasn't settled, should pay the rest of the claims, about $18 billion.