Follow this link to the article in the New York Times.

This is a more temperate article than the ones I have posted previously.  It leaves open the possibility that the previous articles are correct, but it does not assume that they are.

Follow this link to the article by Ellen Brown posted on OpEdNews.

I have been wondering when she would weigh in on this issue.

She is the author of the article I linked to in my post Computerized Front Running: Another Goldman-Dominated Fraud.

For the last several days, I have been suggesting this market dive could be coming from Goldman Sachs based on what she wrote in her previous article.  I didn’t realize quite how easy it would be for them to do this until I read her latest article.

Imagine you were holding that Accenture stock at around $42.00 and put in a market order to sell.  I bet you would have been surprised to find that your broker sold your stock for $0.01.  I am in the habit of using market orders, but I may rethink this in the future.

Oops!.  I looked up Ellen Brown’s web site for her book The Web of Debt. You can hear the introduction to her book at this link.  If I hadn’t seen a picture of Ellen Brown, I might have mistaken her for Ron Paul in drag.

She may have cause and effect a little confused.  Some of what her intro claims seems to be close to a line of at least stretching the truth if not all out bending it beyond recognition.

I leave it to the more expert readers of this web site to tell me what they think.

Follow this link to the story at Yahoo News.

Their is a slight danger in posting this information on this blog.  However, I think that Yahoo! is a much more widely read source than this blog is.  So the damage is already done.

With  signature authenticating mechanisms already in wide use, I’d think the technology is available to solve this problem.  I’d think that each link in the chain could have a pretty good idea of the immediate next links in the chain so that it wouldn’t have to check those links’ authenticity on every message.

The problem of the authenticity check being a single point of failure could be easily solved by making it a distributed mechanism.

If I can think of these things, I am sure the experts trying to implement a solution have already thought of these ideas.

Now it is a matter of getting the humans involved in the process to come to some sort of agreement.