Wednesday, April 20, 2011

Financial System Riskier, Next Bailout Will Be Costlier, S&P Says


Remember "Fail Safe"the movie?

Or, "War Games?

So much for computeriz­ed trading. Remeber the 700,000,00­0 million share trade for...was it Citicorp?

Is it so hard to imagine a glitch creating another "Black Swan" in derivative­s trading?

I have noted, and am working on an article tentativel­y, and so far playfully, titled

" AI! All the things you didn't want to know about people you never met, and the viruses they generate."

Or, maybe, "How I learned to Stop Worrying and Love my AI."

Or, maybe, "Second Life, a new place to live!"
Read the Article at HuffingtonPost

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