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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