Duh dee dee daah, duh dee dee daah, duh dee dee do do daaah...
83 karma · joined December 31, 2019
I can confirm that not only was rigging the fix common, it was so common that there was (is?) a blacklist of institutions whose trades would be discounted when figuring out what the price of each currency should be.
That is, the people who were responsible for calculating the spot FX rates knew there were enough people trying to game the system that the software was designed to mitigate that as far as possible. To a large extent, they even knew who those people were (by no means all were UK-based).
And then the Libor scandal comes along, and everyone's like "oh noes... who knew there was manipulation and collusion!". Hmmm...
If the model description included the problem they were trying to solve, that would let me judge how closely it mirrored my own requirements. If I saw "We wanted to build something to recognize flags in photographs" then I'd know that's something that might help me build something to recognize company logos (for example).
Yes, because they'd be lochs, not lakes :-)
We already have some (e.g. https://en.wikipedia.org/wiki/Cruachan_Power_Station) and are talking about building more (https://www.bbc.co.uk/news/uk-scotland-highlands-islands-445...).
(Yes, if we used more hydro-electric then that would do the job for us, but it's not the case that we need this in order to store energy).
Sounds like a rip-roaring read!
Where in Windows 10? Surely not the clock at the bottom-right, in the task-bar? That's probably the bit of UI I hate the most (and on Win10 that's a long list).
Love it though.