The jokes just write themselves
Two former investment bankers, one of whom is also a priest, have been found guilty of an elaborate scam
Financial or spiritual?
Two former investment bankers, one of whom is also a priest, have been found guilty of an elaborate scam – hacking newswires to read press releases prior to publication, and trade millions using this insider information. Vitaly Korchevsky, formerly a veep at Morgan Stanley and a pastor at the Slavic Evangelical Baptist Church …
And is a scammer? Somebody's gotta tell him that he can't serve both God and Mammon.
Seriously? You literally worship money and you call yourself a priest?
If you're fine with passing that image to your community, then I'm glad to have explained to you another reason why people are turning to atheism.
You literally worship money and you call yourself a priest?
Unfortunately, the US has a particularly pernicious heresy - that God approves of people chasing money to the exclusion of all else and that getting rich is a sure sign of his favour.
It's extensively practiced in the Evangelical community there - especially on the Conservative side.
That's a direct inheritance from Calvinism - "predestination". On one side, it didn't demonized those trying to become successful regardless of their origin, unlike Catholicism - which preferred to preserve the status quo - on the other, it ended to become a justification for the worst political/business behaviours and practice.
The conspirators demonstrated pretty good operational security – compartmentalizing their hardware and wireless hotspots solely for their illegal trading and destroying some equipment to cover their tracks.
Theoretically and technically speaking, isn't that enough to prevent them from being caught?
If you use (totally, completely) separate devices and Wi-Fi hotspots, aren't you a separate person to the Internet? (Assume that no mistakes are made - no "clean" identity is leaked through "dirty" devices, for example)
(of course keeping your personal equipment out of range of the "dirty" ones so techniques like cell triangulation and identification of the private phone and "dirty" phone are out of question?)
However, SEC investigators spotted the similarities in multiple trades, and started asking questions.
What trades and what similarities? If they've known there was trade about this in particular, couldn't they just interrogate the other party, like they do with drug dealers for example, where they arrest the "customer" to get to the dealer?
"However, SEC investigators spotted the similarities in multiple trades, and started asking questions.
What trades and what similarities? "
I suspect it would start with observing some anomalous patterns, eg some stock that trades on average $X per day suddenly gets $10X of trades immediately BEFORE an earnings release. It was said in the article that one of the traders didn't use shell companies to do the trades but did them in their own name, so the SEC could link multiple such anomalous trading patterns to a single person.
I bet that the 'trading in his own name' thing was actually what got them caught.
Then they have to explain their investigation by inventing a daft story about how their AI spotted patterns etc.
Used to be the case. Not any more. SEC and most other watchdogs now all use Bayes statistics based analysis which has > 90% success rate on picking typical insider info based trades done on embargoed info.
"What trades and what similarities? If they've known there was trade about this in particular, couldn't they just interrogate the other party"
Stock trading doesn't work like that. You trade with a registered broker or similar and they buy and sell the amount you want, there is no one-to-one between client transactions.
Seems like the only difference and contrived crime committed by the two former investment bankers and friends is to think and act to benefit just another circle of friends who are not members of a type of royal and ancient corrupting exclusive executive club which plays and preys on all manner of markets marked with prices to command and control money flows/energy sources.
A Perverse and Subverted Corruptible System cannot handle effective novel and rogue competition and that is a catastrophic vulnerability for exploitation to crash and crush rigged - as in fake and fantastic - market shenanigans.
And all attempts to slam closed open doors and criminalise emerging endeavours, and it is only natural and fully to be expected that their numbers will increase at an alarming rate, will simply prove the Perverse and Subversive Corruption of Extant SCADA Systems as both a Fact for Fighting Against and Correcting and a Fiction for Finessing thus to Deliver Something Else Completely Different and Much More Equitable.
It is your Duty and an Inalienable Right to Correct All Such Wrongs if you don't want to be Thought Easily Cuckolded and Taken for Granted and Simply made the Ignorant Fool for Milking and Bilking.
How far along that Journey are You?
* Covert and Clandestine/Secret and Sublime.
"It is your Duty and an Inalienable Right to Correct All Such Wrongs if you don't want to be Thought Easily Cuckolded and Taken for Granted and Simply made the Ignorant Fool for Milking and Bilking."
The problem, @amanfrommars1, is we all struggle to tell because of chemtrails and vaccines.
Were it not for those pesky chemtrails, and the autistic knees I have because of vaccines, I'd be able to spot when i'm being takrn advantage of.
I'm almost positive the MMR vaccine gave me ADHD of the hip too. Bastards. Obviously this is what the CIA want.
For all of you struggling and engaging in down votes, here be some light entertainment which reaches real deep and makes uncomfortable listening for a mighty few who, contrary to their popularised and polarised opinion, are anything but Almighty. .......... It's a big club and you aint in it
Indeed, their abiding weakness is the faux power of their default instrument of fiscal command for universal control. It just doesn't cut the mustard any more and identifies prime leading enemies in Store and in Stocks for Future Liquidation/Great Game removal.
Back in the '90's I was a contractor working for a newswire service, and wrote the tool used by CFO's to lodge embargoed announcements with that newswire. The thinking behind the security decisions was that the embargoed announcement had a maximum value of a billion dollars that reduced to zero as the embargo expired. Therefore adequate security meant anything that would cost more then a billion dollars to crack within the embargo period. We didn't want to get involved with the RSA monopoly at the time as it was a) far too expensive and b) being constantly targeted, so we ended up implementing IDEA. I wasn't responsible for what happened to the announcements after they reached the servers, I really hope they didn't store them in cleartext ;-)
I did mention that it was the '90's right? There were no crypto libraries. We had to make do with dial up modems and only the lucky, lucky b*stards had ISDN. We had to code things in cold hard C with only a luke warm debugger to keep us on the straight and narrow! But you try and tell the young people today that... and they won't believe ya'.
You may call these drain tanks newswires, and some of their while-not-published SharKey scumbags - readers of the above mentioned drain tanks. But wouldn't it mean you (generalized) are either one of the 1984 sheeple generation with nothing brightly shining for the humans from under your cap - or one of the real established and, unluckily, thought honorable HODLTHENEWS scummers, protected by the thing you so comfortably taught to name law.
That damn stupid couple look so much better than those spider newswhores.
Not? Go surprise me.
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