Flash...

The price of ethereum [alternative to Bitcoin] crashed as low as 10 cents from around $319 in about a second on the GDAX cryptocurrency exchange, which is being blamed on a "multimillion dollar market sell" order.

As the price continued to fall, another 800 stop loss orders and margin funding liquidations caused ethereum to trade as low as 10 cents.

A stop loss order is executed automatically once a security hits a particular price. Margin funding is essentially trading with borrowed funds. Liquidation is when these positions are closed automatically in order to prevent further losses. The knock-on selling effect caused the flash crash on GDAX.

Whatever it is....  the basics is there.

Ruin...

kick...

Then...

Rational...

Bull...

Who Knew? May be businesses.

The Nerve...

Rick’s Cabaret, a strip club in Midtown Manhattan, owes more than $10 million in back pay to about 1,900 dancers who performed there without being paid hourly wages, a federal judge ruled on Friday.

The judge, Paul A. Engelmayer of the Southern District, had decided last year that Rick’s had treated the dancers as though they were employees and should have been paying them at least the minimum wage.   

The judge ruled that Rick’s must pay the dancers at least $10.8 million and possibly much more, depending on the outcome of the trial, which is set for early next year.

The award, a combination of wages Rick’s did not pay and fees that the judge said Rick’s unfairly collected from the dancers, would be split among the 1,900 members of the class of plaintiffs.

Taking advantage of the worker is disgraceful.   Just a thought.

War game...

 

The U.S. military shot down an Iranian-made, armed drone in southern Syria.  CBS News reports the drone came too close to one of the outposts of U.S.-backed fighters outside of their main base in Tanf. U.S. forces have been training and advising local Syrian Arabs for the fight against .........

During the first six years of the Syrian crisis, the United States supported rebel groups fighting Assad, but avoided direct conflict with his forces. That changed, now, it has engaged in air-to-air combat in Syria for the very first time by downing a Syrian jet.

An armed Russian jet came within five feet of a U.S. reconnaissance plane over the Baltic Sea, CBS News national security correspondent David Martin reports.

What are we doing in Syria? Didi we started occupying parts of Syria? for what reason?

Clean...

Rain...*

Regina Ilyinichna Spektor is a Russian-born American singer-songwriter and pianist. Her music is associated with the anti-folk scene centered on New York City's East Village.
In New York City, Spektor studied classical piano at the Manhattan School of Music until she was 17.  Although the family had been unable to bring their piano from Russia, Spektor found a piano on which to play in the basement of her synagogue, and also practiced on tabletops and other hard surfaces.
Here is her song. I love Paris in the rain.

https://www.youtube.com/watch?v=BWXWivwhi14