$500 billion Wall Street crash from Hounslow semi

[unclebulgaria67]

http://www.msn.com/en-gb/money/markets/british-man-held-over-%C2%A3500bn-wall-street-flash-crash/ar-AAbtv4n?ocid=mailsignoutmd

 

With the way technology has changed the markets, it does not take much to trigger a major finance market crash.

 

Better security is needed as this could be exploited by foreign states, terrorist groups and hackers, who might wish to cause harm to western economies.

[citizenB]

We have had youngsters hacking into the pentagon and now this. It is very worrying that it is possible to destroy a country economically or start a war just with a click of a button !

[f16]

http://www.msn.com/en-gb/money/markets/british-man-held-over-%C2%A3500bn-wall-street-flash-crash/ar-AAbtv4n?ocid=mailsignoutmd

 

With the way technology has changed the markets, it does not take much to trigger a major finance market crash.

 

Better security is needed as this could be exploited by foreign states, terrorist groups and hackers, who might wish to cause harm to western economies.

 

Agree with both the above posts. ..................

 

What gets me is the FBI can tell what profit he made each and every year. ...............................

But HMRC accept every year that he has made a loss and he pays no TAX. More than likely got a "rebate" !!!!

 

It's about time this country did as Harold Melvin suggested.... "Wake up everybody" !!!

[unclebulgaria67]

Agree with both the above posts. ..................

 

What gets me is the FBI can tell what profit he made each and every year. ...............................

But HMRC accept every year that he has made a loss and he pays no TAX. More than likely got a "rebate" !!!!

 

It's about time this country did as Harold Melvin suggested.... "Wake up everybody" !!!

 

In the US, they appear to have technology to trace what people are doing, but it is after the event. They don't see it coming.

 

Internet was a great invention, but that is probably where the next big war will be fought. The hackers seem to be ahead of the software security experts and they can cause havoc to important systems.

 

There are now loads of financial traders who work from home and most will probably not be doing anything wrong. But there would not be much supervision, apart from the trading companies portal they are using. Then there is the security of the internet connections these people are using.