From mboxrd@z Thu Jan 1 00:00:00 1970 Return-Path: X-Spam-Checker-Version: SpamAssassin 3.1.3 (2006-06-01) on yquem.inria.fr X-Spam-Level: ** X-Spam-Status: No, score=2.1 required=5.0 tests=AWL,DNS_FROM_RFC_POST, HTML_MESSAGE,SPF_NEUTRAL autolearn=disabled version=3.1.3 X-Original-To: caml-list@yquem.inria.fr Delivered-To: caml-list@yquem.inria.fr Received: from mail1-relais-roc.national.inria.fr (mail1-relais-roc.national.inria.fr [192.134.164.82]) by yquem.inria.fr (Postfix) with ESMTP id CDE2BBBAF for ; Sat, 14 Mar 2009 18:25:07 +0100 (CET) X-IronPort-Anti-Spam-Filtered: true X-IronPort-Anti-Spam-Result: ApoBAEyFu0nRVd2CmGdsb2JhbACCT5IxPwEBAQEBCAkMBxGkJgeBAEqNfgEDAQODfAaFAw X-IronPort-AV: E=Sophos;i="4.38,363,1233529200"; d="scan'208";a="25601893" Received: from mail-qy0-f130.google.com ([209.85.221.130]) by mail1-smtp-roc.national.inria.fr with ESMTP; 14 Mar 2009 18:25:07 +0100 Received: by qyk36 with SMTP id 36so3494558qyk.1 for ; Sat, 14 Mar 2009 10:25:04 -0700 (PDT) DKIM-Signature: v=1; a=rsa-sha256; c=relaxed/relaxed; d=gmail.com; s=gamma; h=domainkey-signature:mime-version:received:reply-to:in-reply-to :references:date:message-id:subject:from:to:cc:content-type; bh=xlvy4Yz6qS5yqLlOukhDaQ2Si7r5ty6ISJt9zL7Fdnc=; b=ALM9M+iBCf1g0oClLfwxNxk+a3Y9EHsmEohVGJj496UFAsLo4hyJ+sMnO3icrP9r3I 9oOjkBH2wv3igE67Ch2LjYW3hq9INULFKIeDh+WS1f6ttZ2Ch9Vm5vYzGBXEb4AYw9yk vzSyQOGCVh7bjk5p3aeB8GqymRDGMjwInLkSQ= DomainKey-Signature: a=rsa-sha1; c=nofws; d=gmail.com; s=gamma; h=mime-version:reply-to:in-reply-to:references:date:message-id :subject:from:to:cc:content-type; b=k0LACBg5Iq+GorYXea13GS7wtn7i5w+TBLeoHwvaz/nsgHQQetK3cNMOaEGnbjrraE YL9mZk0wFRh662HwzLTiVaHhlGvsc4smB4xy63DC62nhobgwkGhqiGgPfTVu4YTm+tTN HS2v/Q/zKQjMnoha1G7nsiYKMRDDD9/LgXny8= MIME-Version: 1.0 Received: by 10.229.73.136 with SMTP id q8mr1731740qcj.28.1237051504187; Sat, 14 Mar 2009 10:25:04 -0700 (PDT) Reply-To: yminsky@gmail.com In-Reply-To: <87hc1wyl9q.fsf@aryx.cs.uiuc.edu> References: <891bd3390903131252t7feb059aq94f56b0a4d2efbf3@mail.gmail.com> <87hc1wyl9q.fsf@aryx.cs.uiuc.edu> Date: Sat, 14 Mar 2009 13:25:04 -0400 Message-ID: <891bd3390903141025w3d0580dbgf97ab4f40386903d@mail.gmail.com> Subject: Re: [Caml-list] caml trading From: Yaron Minsky To: Yoann Padioleau Cc: caml-list@yquem.inria.fr Content-Type: multipart/alternative; boundary=0016364ee13079dae20465177f8c X-Spam: no; 0.00; yaron:01 minsky:01 yminsky:01 2009:98 2009:98 wrote:01 wrote:01 caml-list:01 caml:02 seems:03 seems:03 fri:05 fri:05 flavor:08 flavor:08 --0016364ee13079dae20465177f8c Content-Type: text/plain; charset=ISO-8859-1 Content-Transfer-Encoding: 7bit On Fri, Mar 13, 2009 at 8:56 PM, Yoann Padioleau wrote: > > Having said that, about your company, Jane Street, > aren't you part of the people that put the countries in such trouble ? > Do you create wealth ? It seems you are just a parasite ... that > exploits some loopholes in the system. > What Jane Street does is very far from the part of finance---and the ways of thinking---that caused these troubles. You can't just lump all of finance together as "the guys who caused the trouble"; that would be like condemning all engineers for http://www.youtube.com/watch?v=P0Fi1VcbpAI The beginning of the talk gives a flavor of role that Jane Street actually does play in the markets, so that's a good thing to watch if you're interested. y --0016364ee13079dae20465177f8c Content-Type: text/html; charset=ISO-8859-1 Content-Transfer-Encoding: quoted-printable On Fri, Mar 13, 2009 at 8:56 PM, Yoann Padioleau <padator@wanadoo.fr> wrote:<= br>

Having said that, about your company, Jane Street,
aren't you part of the people that put the countries in such trouble ?<= br> Do you create wealth ? It seems you are just a parasite ... that
exploits some loopholes in the system.

What Jane = Street does is very far from the part of finance---and the ways of thinking---that caused these troubles.=A0 You can't just lump a= ll of finance together as "the guys who caused the trouble"; that wo= uld be like condemning all engineers for

http://www.youtube.com/watch?v=3DP0Fi1VcbpAI

The beginning o= f the talk gives a flavor of role that Jane Street actually does play in th= e markets, so that's a good thing to watch if you're interested.
y
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