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Comment by hogFeast | Hacker News Reader

So you are saying that they attempted to write off taxes and also attempted to minimise the estimate...you should not go into finance my friend.

And yes, your response is the kind of misconception that I think the journalists banked on.

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I spent the last 10 years of my engineering career working at a well-known prop trading firm, on the low-level and algorithmic side. Stonewalling, fucking the dog (pretending to work, but really doing nothing), being sued into some kind of compliance, and having your counterparty forced to hire contractors to do the work you "promised ;)" to do is not merely an honest attempt to minimise costs.

You still don't understand the mistake you have made. Again, don't go into finance. You don't understand basic elements of what is going on here.

Happy to have it explained to me beyond "you still don't understand", to be told how prop trading (market making and taking, hedging, theo generation, risk analysis, etc.) is not "finance", to read why I'm wrong despite the points I made about how the article has substantive complaints and wasn't merely a Trojan horse for a wealth tax.

I explained it already. The reason why you don't think it has been explained is the same reason you don't understand. I said nothing about prop trading...but you don't are missing knowledge that you get taught first year in a finance course, and you were a engineer...as I said, I don't think you have any awareness about the limits of your knowledge.

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