junto
Joined 15 years ago
Joined 15 years ago
And you certainly don’t want an agency asset floating around in the legal/prison system of another country, friend or foe.
I think that’s a good thing, and I say that as an engineering manager.
Having been an IC, I’m acutely aware that developers, when aware of monitoring via performance metrics, will game that system.
You are a country. You have to decide on your country’s economic model before starting the game. Choose:
- a free market economy. Companies are unhindered by the state to make their own decisions to maximize shareholder value. Decisions therefore lean towards short term profit margins rather than long term success. Influence of the state via elected politicians on a short term is expensive but effective to ensure you are unhindered by regulation. Success here is not aligned with the long term success of the state.
- a quasi free market where there is partial state ownership and control, but also supports free market principles to encourage private investment. The state will heavily subsidize your economy and decisions can be made to prioritize long term global success rather than short term shareholder value.
- a state controlled and state owned economy. All decisions are made by committee. There are no shareholders apart from the state. Success benefits all within the state. Failure also tied directly to the state. Long term goals are preference over short term goals.
Choose carefully. Once your have made your decision the costs to change it are extremely high and will result in societal and economic collapse.
SEC is clearly ignoring FTD’s and as a result allowing MM’s to reloan unlocated synthetic shares.
Which is exactly what happened in 2008 with mortgage backed securities and CDO’s.
It just looks like static on old tvs to me.
Looking across the Atlantic…
For example c# had users like Jon Skeet, Marc Gravell and Erik Lippert (and various others) and they set the tone and the professionalism.
https://stackoverflow.com/tags/c%23/topusers