| T.R | Title | User | Personal
Name | Date | Lines |
|---|
| 829.1 | A guess | AWECIM::VERMA | Virendra, HLO2-1/A7, DTN 225-6518 | Tue Feb 14 1995 10:25 | 2 |
| IMHO, it should be alright if computer systems are not located there. Just
a guess.
|
| 829.2 | Sounds like a media mouth has nothing to say... | POBOX::CORSON | Higher, and a bit more to the right | Tue Feb 14 1995 13:36 | 12 |
|
This has got to be a stupid rumour. Bomb a street?
The oil shieks will go nuts. Talk about cutting off one's nose -
These guys have got to be the dumbest people on the planet if they
try this one.
And the impact - none. Buy on the afternoon after.
the Greyhawk
|
| 829.3 | | AWECIM::VERMA | Virendra, HLO2-1/A7, DTN 225-6518 | Tue Feb 14 1995 13:46 | 4 |
| > The oil shieks will go nuts.
BTW, this is one of the things they would like to see. Sadam must
be smiling when that happens.
|
| 829.4 | Sadam doesn't have enough money for underware... | POBOX::CORSON | Higher, and a bit more to the right | Tue Feb 14 1995 15:30 | 5 |
|
Remember it's the oil shieks who are financing most of these
crazies, as a form of extortion of course; but nonetheless....
the Greyhawk
|
| 829.5 | | AWECIM::VERMA | Virendra, HLO2-1/A7, DTN 225-6518 | Tue Feb 14 1995 17:10 | 9 |
| > Remember it's the oil shieks who are financing most of these
> crazies, as a form of extortion of course; but nonetheless....
If that were true then it is the same petro-dollars which is importing
terrorism. I am sure shieks know what they are doing.
I don't think shieks are financing these crazies otherwise U.S.
govt would look foolish. Also, if you were right U.S. govt must be
breaking her own laws doing business with terrorists.
|
| 829.6 | No piece of cake, but no disaster either | EVMS::HALLYB | Fish have no concept of fire | Wed Feb 15 1995 09:01 | 27 |
| It is a curious twist of irony that the World Trade Center bombing
shut down the various NY Futures exchanges, including the New York
Mercantile Exchange where Crude Oil and other petroproducts are traded.
Right in the middle of the trading day -- zzap! No power, the exchange
was evacuated and everybody was exceedingly confused about what to do.
The world didn't come to an end.
A similar situation happened at the Chicago Board of Trade a couple
years ago when they had those floods in the Windy City. The CBOT trades
30-year bond futures, the most heavily traded futures contract anywhere,
and a key barometer of U.S. interest rates. Life went on anyway.
After one of the California natural disasters -- can't remember which
one -- the Pacific Coast Stock Exchange quickly relocated operations
to Chicago for a week or two.
I don't think Wall Street would be any exception to this. The vast
majority of shares traded are traded in stocks listed in multiple
exchanges across the country, so business could be rerouted while the
NYSE cleans up. Most records are distributed -- I'll bet if most of
you place a trade your order is handled first in a city other than NY,
gets traded on the NYSE floor, then gets reported back to you later
that day. There's nothing special about NYC in all this, although the
sheer size of the NYSE tends to result in good order execution with
slim bid/ask spreads.
John
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