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Joined 8 years ago
Joined 8 years ago
Daytrading for a single account and managing a multi-billion dollar fund are completely different strategies and need completely different skillsets. You should educate yourself before talking authoritatively on subjects you don't know very much about.
It's very very hard, and not everyone can do it. I tried and lost a lot of money. But it's definitely not impossible, that is simply a lie.
Giving first line, poorly trained support people access to people's PII and the ability to change passwords is something that needs to be stopped. Social engineers are completely exploiting poorly trained, minimum wage workers for huge gains.
We need to have some sort of ISO certification so that front line support people must hand over any security information to highly trained second-tier staff. If EVERY company used the same subset of information to verify, under the guidance of well-trained staff with a consistent methodology across all companies, and didn't expose various bits and pieces of info (some use last for of SSN, some use credit card info, address, date of birth, etc) then it would extremely hard for social engineers to do hacks like this.
A preliminary injunction is considered very strong. So it's not that "nothing is final here", it's actually almost pretty much final unless something comes out of left field.
What is the attrition rate for the manager and for the company in general. If a manager has high attrition rate, that's definitely a red flag.
And in this specific case, it sounds like the MIT director attempted to conceal donations from someone he knew was banned, so his resignation is just.
What it sounds like is that criminals are not absolved by serving their sentence. Or maybe some are but it depends on the crime? And sometimes it's okay to ostracize those that believe that criminals are absolved by serving their sentence, depending on the crime?