* Posts by stuartrc

19 posts • joined 1 Apr 2010

IOC asks Olympic spectators to cut back TXTs and tweets

stuartrc

Word from the peleton is what the IOC official said is tosh. All the team cars had correct timing at all times, it was just the braodcasting company did not put it on the screen.

So no technological failures just misdirection from the IOC chappie.

How to keep your money safe if the euro implodes

stuartrc

Re: Making a drachma out of a crisis

On a pure numbers view are right - whether Greece is in the eurozone or not is immaterial.

The problem is broadly one of confidence. The Euro works as a fungible currency on the principle of irreversiblity of the currency union. i.e. 5 euro note has equal value regardless of which central bank prints it.

Once you demonstrate that it is possible for a country to leave the eurozone you introduce a tangible possibility of another country leaving the eurozone and re-denominating its currency from euro. A prudent investor would have to take account of this risk and suddenly not all Euros are born equally. Quite how that dynamic plays through the market I don't know but I suspect it would be bad for everyone except Germany and a couple of others.

To a degree you can already see this dynamic through the balkanisation of the european banking system and the spreads differential on different government bonds. I would certainly argue that the current spreads between german and spanish government bonds represents not just a difference in credit quality but the contingent FX risk each contains in a eurozone break up scenario.

Google founders, James Cameron, go asteroid mining

stuartrc
Thumb Up

This is great

There are loads of commentards who don't like this for assorted reasons - most of them are probably better qualified than I to comment. However I love the chutzpah of the people doing this.

Between this lot and Elon Musk we might escape from the stagnation / glacial progress rate we are stuck in at the moment.

Hold on, Booker prize judges - Stob's penned a steampunk hit

stuartrc

Top reading.

stuartrc

Re: Enjoyed that

Oh - thanks for pointing that out!

So what's the worst movie NEVER made?

stuartrc

They should ride Harley Davidsons to ensure the film tests well with the all important middle america segment. A great endorsement opportunity as well!

stuartrc

re: live action Akira

Hmm,

that is a terrifying combination combination, you are probably going to be getting a selection of bad movies soon.

MPs: Border Agency's own staff don't trust airport-scanner tech

stuartrc

Iris was not the most user friendly of systems but what it was fantastic for was allowing you to bypass the queues of holiday makers if you travelled regularly.

I am disappointed by the lack of efforts to get e-gates up and running in the UK. I travel regular to Finland and they have a bank of e-gates for non schengen vistors which have never been less that faultless. The Finnish implementation of passport reader does seem better than the UK's though - no silly stand here signs and the photo unit was much quicker.

The thing everyone seems to be missing is although the individual machines are slower than a passport check, the ability to have lots of them and no reliance on the work ethic of UKBA means your aggreate journey time thorugh the airport is going to be much quickerwith e-gates which is a win for me.

So, what IS the worst film ever made?

stuartrc

Taxi - the remake set in NYC

Clerks 2 - Kevin, what happened?

Troy

stuartrc

so many options

Salo - nothing but snuff dressed in a freedom of expression dirty mac.

Salt - because it is just abysmal

Dancer in the dark

Moderatrix kisses the Reg goodbye

stuartrc
Unhappy

Oh that sucks

For us of course. Will really miss your pithy put downs, El reg is a poorer publication without you.

Best of luck with whatever is next.

Patrick Byrne: 'See, I told you America's economy was busted'

stuartrc
FAIL

Normally I post AC but

A couple of mis-conceptions to clear up here.

If you sell shares and fail to deliver you cannot just back out of the trade. It is enforced both by the exchange and local law. Typically if you cannot deliver you get "bought in" and are subject to interest claims. Either way you are on the hook, the only escape is typically liquidation.

@ LPF and AC 09-17. The porsche/vw thing was not the same - what porsche did was definitely market abusive and manipulative by it worked in a completely different way. in essence it was a short squeeze.

El Reg - love your work generally but this article needs a sub editor with a good understanding of finance, really not pretty to read.

The year's best... PC games

stuartrc

Mass effect 2

Most disappointing game of the year by far

Vanquish

stuartrc
Thumb Up

This is what I need to know

In a review.

Excellent stuff - no chance of a PC port I suppose

Software dev turned rogue trader gets jail and €4.9bn fine

stuartrc
FAIL

ermm get it right

"The highly leveraged hedge fund trades"

Without wishing to be.overly picky, his activities had nothing to do with hedge funds. He was laying off the bank's own risk

Waterfall Niagara speakers

stuartrc
FAIL

amp?

£25K of speakers being driven by a bargain basement amp!! just think how nice they would have been with a decent set up

Lindsay Lohan to pull off Linda Lovelace

stuartrc

This just has disaster written all over it

Nuff said really

How a Tory gov will be the most tech-savvy in history

stuartrc
FAIL

Things I come to El Reg for...

Chris Williams on stuff

Lewis Page on gun porn and atom smashing tom-foolery

The moderatrix's occasional put downs

General IT related press...

Not this kind of stuff - regardless of message I would be delighted if this is the last piece on politics for the next four weeks.

thx

DIMENSIONAL PORTAL INCURSION AT THE LHC!

stuartrc
Happy

blah

I have been waiting for this all morning - thanks Lewis

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