2100+ entries in 0.091s
copumpkin: dub: aha :) I was referring to zero wing
copumpkin: but vanguard dropped them as the benchmark for their funds
copumpkin: mircea_popescu: nope, you might be looking at one of their indices, not the company itself
copumpkin: and I'm guessing that most bitcoiners don't qualify :)
copumpkin: if they're making public offerings, they need to follow regulations, and if not, they need to be talking only to accredited investors
copumpkin: it's the reason most people can't invest in a hedge fund
copumpkin: and I think other countries have similar laws
copumpkin: so a lot of what you thought were legit shares might not be, if they were issued by people in the US
copumpkin: dakid: US issuers aren't supposed to be able to solicit investment from anyone but accredited investors, and accredited means you have a lot of money or make a lot of money :)
copumpkin: it'll be a pain in the ass, but many of the issuers will be able to move over to mpex, and issue you shares based on what nefario claims you own
copumpkin: usagi: don't panic, the records of what you own are still intact, I'm sure, and you can settle your ownership with the asset issuers
copumpkin: asa1024: basically a single guy managed to destroy a major bank that had existed for a couple hundred years by lying about how much he was making them
copumpkin: asa1024: if you like financial fuckup movies based on true stories, you should also watch rogue trader. That's an even more ridiculous story
copumpkin: it's fictional, but designed to mirror more or less what happened during the shitshow
copumpkin: jeremy irons hears the music stop, in that movie
copumpkin: asa1024: have you seen margin call?
copumpkin: that shit should be published and signed though
copumpkin: of how much everyone owns of everything
copumpkin: hey guys, technically your ownership of everything is your own
copumpkin: mircea_popescu is sipping his cognac
copumpkin: mircea_popescu: long-term maybe :) short-term, I feel bad for a lot of people getting fucked :(
copumpkin: why wait until saturday to make an announcement?
copumpkin: hence my mentions of mircea_popescu and buttsex
copumpkin: I don't think it's really possible to make any legal calls here :) your guesses would be more educated if you were a lawyer
copumpkin: IANAL but I engage in it regularly with mircea_popescu
copumpkin: and he could make the argument on the forum if he'd kept his paws out of it
copumpkin: I'm not saying it does apply, just that it's analogous
copumpkin: which is precisely the kind of things safe harbor laws protect against
copumpkin: and now people are holding the occurrences where he didn't step in against him
copumpkin: he chose to selectively regulate it
copumpkin: smickles: he has no requirement to regulate it
copumpkin: but he could make that argument informally at least
copumpkin: well, I'm not saying it'd be legally viable
copumpkin: but if he touches some of the issues and not others, he's sort of tacitly condoning the ones he lets through
copumpkin: he'd have some sort of "safe harbor"-like argument to make if he just insisted on being completely hands-off
copumpkin: that's why I wanted nefario to stop trying to regulate that shit
copumpkin: so you're seriously telling me "I went to a casino and played for days, and I lost money! mommy mommy they're scamming"
copumpkin: any finite number can deviate arbitrarily far from it
copumpkin: GamblingMan: expectation only works over infinite samples
copumpkin: GamblingMan: nope, but isn't it verifiable on the blockchain? they don't provide their own randomness
copumpkin: OneEyed: so not to you, since you only have one?
copumpkin: but you at least have a statement signed by MPEX saying that you own shit
copumpkin: so you don't have to reveal your entire holdings to your clients, as a broker
copumpkin: it'd be nice to get subset statements
copumpkin: so in a perverse sense, they mean more because of it
copumpkin: that doesn't mean people don't take them seriously though
copumpkin: share prices mean nothing on glbse
copumpkin: they just aren't a particularly good investment
copumpkin: well, I don't think most futures traders really want delivery
copumpkin: I only buy pork bellies futures for delivery