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Require LSE Public Disclosure

Story: London Stock Exchange in denial over system outageTotal Replies: 5
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moopst

Sep 11, 2008
5:46 PM EDT
Quoting:The Financial Services Authority, the UK's market watchdog, denied it was formally investigating Monday's failure.


Incredible! A seven hour outage and no formal investigation? I imagine they must measure the cost in some millions of Pounds per minute for the larger trading houses.

Quoting:When the FSA was asked if it would require the LSE to make public its analysis of the cause of the crash, it said such discussions, if necessary, would be held behind closed doors.


Clearly the FSA is placing the stock exchange's interests above the public's.
Bob_Robertson

Sep 11, 2008
6:04 PM EDT 		"Clearly the FSA is placing the stock exchange's interests above the public's."

Like bailing out investment banks?
GDStewart

Sep 11, 2008
6:18 PM EDT 		And mortgage companies.
Scott_Ruecker

Sep 11, 2008
8:35 PM EDT 		And Microsoft.
Bob_Robertson

Sep 11, 2008
8:37 PM EDT 		AAAAHHH!

If the Fed.Gov actually goes out and bails out Microsoft (more than the DMCA did, that is), I am going to go postal.
tuxchick

Sep 11, 2008
8:43 PM EDT 		/Me reloads a big wad o' nine mils for Bob.

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