Archive for August, 2012

REPORT: Todd Akin To Withdraw Candidacy Tomorrow

By Justin Gardner | Related entries in Missouri, Republicans, Senate

According to state law, and CSM, Akin has to leave the race by 5PM tomorrow or a court. Here’s what he said today… Rep. Todd Akin of Missouri apologized for his recent comments on rape but said he was staying in the race for US Senate, saying “I have not yet begun to fight.” Representative […]

August 20th, 2012 | Permalink| 1 Comment »

Will Todd Akin’s Rape Comments Put Missouri Into Purple Column?

By Justin Gardner | Related entries in Democrats, Missouri, Republicans, Senate

If you haven’t heard Todd Akin’s comment yet…get ready… Okay, ready? Wait, are you absolutely sure? Okay…here we go… Key phrases (via TPM)… “First of all, from what I understand from doctors [pregnancy from rape] is really rare. If it’s a legitimate rape, the female body has ways to try to shut that whole thing […]

August 20th, 2012 | Permalink| 10 Comments »

CNN VIDEO: Wisconsin Moves To Toss-Up

By Justin Gardner | Related entries in Barack, Electoral College, Obama, Romney, Video, Wisconsin

John King breaks it down… Honestly, this doesn’t surprise me. While Wisconsin leans left, when voter enthusiasm isn’t up…it’s tight. Kerry barely won it in 2004 and Gore’s margin was even closer in 2000. Obama ran away with it in 2008, so it remains to be seen if Ryan can make that big of an […]

August 17th, 2012 | Permalink| 1 Comment »

96-year-old Woman Who Voted During Jim Crow Is Denied Photo ID

By Justin Gardner | Related entries in Democrats, Law, Republicans, Voting

The title pretty much says it all, but here’s more from the Chattanooga Times Free Press: Dorothy Cooper is 96 but she can remember only one election when she’s been eligible to vote but hasn’t. The retired domestic worker was born in a small North Georgia town before women had the right to vote. She […]

August 16th, 2012 | Permalink| 15 Comments »

GOP Insiders Worried About Ryan Pick

By Justin Gardner | Related entries in Republicans, Romney, Ryan, Veep

I thought that the Ryan pick was a curious one for Romney, but I didn’t anticipate this much apprehension in the GOP ranks. From Politico: Away from the cameras, and with all the usual assurances that people aren’t being quoted by name, there is an unmistakable consensus among Republican operatives in Washington: Romney has taken […]

August 14th, 2012 | Permalink| 2 Comments »

Could Paul Ryan Hurt Romney In Florida?

By Justin Gardner | Related entries in Florida, Health Care, health care reform, Republicans, Romney, Ryan

Add this to the list of reasons why I don’t understand Romney picked Ryan. Romney needs Florida or it’s over for him. And he has built up a lot of good will between Jeb Bush and Marco Rubio’s influence down there. But Paul Ryan wants to turn Medicare into a voucher system. And Floridians aren’t […]

August 12th, 2012 | Permalink| 5 Comments »

Mitt Romney Picks Paul Ryan As Veep

By Justin Gardner | Related entries in Conservatives, Republicans, Romney, Ryan, Veep

UPDATE: It’s Ryan. Multiple sources are confirming it. And Mitt Romney is advertising on the “Paul Ryan” search term on Twitter. ORIGINAL STORY: First off, he’ll definitely be announcing tomorrow. That much has been confirmed. The curious thing is…he’ll be announcing in Virginia. Why is that curious? Because Virginia Gov. Bob McDonnell was on the […]

August 11th, 2012 | Permalink| No Comments »

Gun Medals

By donar | Related entries in Political Graffiti

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August 9th, 2012 | Permalink| No Comments »

Gonzo and Chick Fil A

By donar | Related entries in News

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August 3rd, 2012 | Permalink| 3 Comments »

Rise of the Algos – Knight Capital and the Inevitable Catastrophic HFT Market Meltdown

By mw | Related entries in Bad Decisions, Banks, News, Regulations, Wall Street, WTF?

A High Frequency Trading proprietary algorithm crafted by highly compensated brains-on-sticks and nurtured in the bowels of an investment bank escaped into the wild. From its carefully co-located massively parallel high speed trading computer it emerged to wreak havoc on the financial markets. In this case, it was a happy ending. The algo turned on its master and sucked the very life blood out of the firm that deployed it.Once Knight Capital’s algo was identifed as the culprit, the public company’s stock was slashed by 1/3 – a $300 million market cap haircut decapitation. That was Wednesday before we knew how much the algo lost on the trades. On Thursday morning KCG’s stock was slashed in half again when the trading loss was being reported at $440 Million. The incident is yet another lights-flashing, klaxon-blaring warning signal that competing HFT algorithms operating with the speed, size and complexity that are commonplace today cannot be adequately regulated, tested, or managed. Their interactions with each other cannot even be fully understood or predicted.

August 3rd, 2012 | Permalink| 14 Comments »