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Will in Seattle 1
Also, the statement that the stock exchanges are closed is incorrect. Computer trading on NASDAQ is occurring. Originally NASDAQ used to be a distributed system, and NYSE is working in certain computerized non-localized respects.

A lot of finance jobs are going bye bye, due to UBS and other firms Mitt sheltered cash in getting large amounts of scrutiny by foreign banking regulators for not paying taxes. This is a good thing.
Posted by Will in Seattle on October 29, 2012 at 3:16 PM · Report this
Supreme Ruler Of The Universe 2

It would be ridiculous that international finance would be stopped because one half of one coast of one country is having the equivalent of a "snow day".
Posted by Supreme Ruler Of The Universe http://_ on October 29, 2012 at 3:20 PM · Report this
Most trades even in NYSE are computer trades and I do believe a lot of systems got upgraded redundancy after 9/11 although this storm is big enough that could cause problems for all the redundant systems.

Posted by david on October 29, 2012 at 5:37 PM · Report this

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