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Date: -- (:)
From: Yaron Minsky <yminsky@g...>
Subject: Re: [Caml-list] caml trading
On Fri, Mar 13, 2009 at 8:56 PM, Yoann Padioleau <padator@wanadoo.fr> wrote:

>
> Having said that, about your company, Jane Street,
> aren't you part of the people that put the countries in such trouble ?
> Do you create wealth ? It seems you are just a parasite ... that
> exploits some loopholes in the system.
>

What Jane Street does is very far from the part of finance---and the ways of
thinking---that caused these troubles.  You can't just lump all of finance
together as "the guys who caused the trouble"; that would be like condemning
all engineers for

http://www.youtube.com/watch?v=P0Fi1VcbpAI

The beginning of the talk gives a flavor of role that Jane Street actually
does play in the markets, so that's a good thing to watch if you're
interested.

y