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Still has a market cap of $1.87B, most of us entrepreneurs would "settle" for that!

Maybe I'm missing something, but stocks generally drop by the amount of the dividend the day they go ex. So this whole "free, easy money" thing is really just converting your equity into cash, the companies still have to perform or else you net out to the same as if you had no dividend. Not sure...

Well they let us trade gold. I'm not sure they're conspiring against it so much as that they just don't really understand it. After 20 plus years in the federal govt I found lack of competency or fear of something new is the Occam's Razor explanation for most decisions of this nature.

I haven't heard much on this lately, would be interested to hear how it's going. They rigged the forex fixing as well so I guess you're right that nothing is too big to rig. Bitcoin is certainly a lot easier to manipulate without being caught than almost any traded security though.

My thoughts exactly! Hard to take you seriously as a manager of a major software project Keith, given your naivety/stubbornness when it came to a bunch of people experienced in managing major software projects providing you advice you didn't want to hear. It's even crazier to think you think you...

Hard to manipulate the S&P 500, pretty much impossible to do it without the SEC finding you. Not so much for Bitcoin.

Actually, if I was going to be in the U.S. without a work permit I would opt to start a business over trying to get a job, it's far safer. As an employer, I use the USCIS e-verify system for everyone I hire as most employers do, and it's pretty tough to trick that. I'm also required to collect a...

Clearly I'm not doing a good job of explaining, my limitation sorry. The fact remains that a substantial extra amount of SS taxes are collected each year that aren't matched to a tax return. Regardless of how this happens, it happens and it's not due to typos. In the grand scheme I guess it...

There is a firewall between the IRS and DHS and has been forever. The IRS doesn't have anything to do with determining if someone is legally in the country or not. If that's good policy is open to debate, but it is the policy now and that's why there's a big chunk of money in the SS trust fund...

I think I just must be doing a poor job of explaining. The IRS will accept SS withholdings and matching contributions from anyone with any SSN/TIN. It's trivial to get a TIN, by the way, you fill out a single page form and send it in to the IRS. That's the pool of money referred to in the...

I think this is easier to explain from the beginning. Let's say I'm an employer and I pay you, a W-2 employee. I pay my employer part of your SS and withhold your employee part and remit both to the IRS. When you file your taxes, the IRS matches your return SSN to the withholding SSN to ensure...

If it's a typo on a tax return than someone who already paid their SS taxes gets a bill for those taxes from the IRS. I don't know about you, but most of us give the IRS a call and fix the typo when the alternative is repaying our entire year's SS tax!

No comment on FXCM, but I do love idiocy with numbers when it comes to reporters. If they made a $187M equity investment as part of a $300M deal then the original principle amount was $113M. FXCM still owes $123M. In what universe is being owed more than you originally lent recovering "Nearly...

Since the vast majority of their contemporaries went to $0 that's actually an accomplishment. Webvan anyone? I know Ballmer well, he actually dropped out of my grad school to co-found MSFT so he's a bit of a legend there. That said, he inherited a monopoly, granted a monopoly that he and Bill...

Because it's the first time in 15 years one party has the presidency and control of both houses and still has trouble getting a budget through even the majority rules House!

I can find articles from 2001, and 2003, and 2004, and 2007, and 2008.... that say almost verbatim what you just said. At some point you have to throw in the towel and come to the conclusion that a company that has been defying these constant naysayers since 1995 may have something the naysayers...

I thought someone was bringing up a 5 year old post to mention how wrong it was, then was surprised to see someone spouting this stuff today. I remember hearing this line of reasoning a lot in the early 2000s, and Amazon has only become substantially bigger and more dominant since then. You'd...

ES options actually seem to quote tighter than SPX, at least ATM. The only rub for me is that ES options deliver into the future where SPX is cash settled, but if you don't plan on holding into expiration it's a non-issue.

I think you miss my point. If you have a crap job where you treat everyone like crap, why are you surprised that over time it's mostly lazy people who couldn't get a job anywhere else who end up working there? The prescription for that isn't to cut pay, cut the number of employees but not the...

Working in the federal government is miserable, not least because you always have a bunch of people calling you lazy and overpaid. You wrestle daily with a massive, unwieldy bureaucracy which makes literally everything you try to do painful and hard. Some of that is unavoidable due to size, most...