【每日阅读训练第四期——速度越障21系列】【21-11】经管

百合倒影

2:24
As the finacial crisis happened, people no longer believe in financial companies. Then Bitcoin became a new way to invest money on. It is a totally different currency from what we use now.
1:58
Bitcoin is just like the TCP/IP protocol back then and it is growing with rapid speed.
1:24
Bitcoin can be trusted though it may also give the chance to the bad people to do bad deals, however, these deals have already existed in traditional ways. Bitcoins cannot be controlled by anybody or any country.
2:08
Bitcoin are thought to replace golds but the author thought it would have a much brighter future.
2:47/2:32
Investing on Bitcoin is risky (and nobody really specializes in it).
6:20
main idea:
The author thinks insider trading does not really hurt and other problems need to be considered.
structure:
-insider trading is bad, but some of the money is legal
-there are other problems (that cost the financial market and the taxpayers large amount of money)
-(why insider trading becomes known to people)insider trading is used to cover those problems

谢谢小杀~作业终于要补完啦~感觉也慢慢做出来啦~有点开心O(∩_∩)O~

努力漂泊的叶子

1’54’’
Lack of trust raised the invention of bitcion.
1’33’’
Bitcion translates money the way IP/TCP translates information, and the translation happens everyday around the world.
1’12’’
The pro and cons of bitcoin. And it is almost impossible to stop the boom of bitcoin economy.
1’46’’
The writer hopes bitcoin prevails, as an easy, cheap way to translate value and convenient people’s lift.
2’27’’
People are skeptical about putting coin in the Winklevoss ETF because of the risk and difficulties it contained.
4’20’’
There are cases far more serious than inside trading that caused US citizens billions of dollars in loss in Well Street, such as the 2008 financial crisis. And federal government should focus on that.

qingya

【TIME 1】00:02:26.57
【TIME 2】00:02:03.20
【TIME 3】00:01:34.87
【TIME 4】00:02:17.99
【WARM UP】00:00:52.16
【TIME 5】00:02:15.37
【PART II: OBSTACLE】00:05:27.14
insider trading: case and regulation

elfini

03 23 41
02 43 67
02 04 11
03 07 73
04 11 24

08 23 58

yaoyiqing1616

1. 2'02'' Distrust in financial industry generates bitcoin, electronic currency that has same value as physical currency.

2. 1'18'' Bitcoin economy, working in the same way as TCP/IP has done for Internet information flows, allows the money to flow around the world. Also, examples are cited about the broadening uasage and geographic range.

3. 1'14'' the author refutes obejections and provides reasons to support bitcoin economy: peer- to- peer banking system that does not rely on regulation.

4. 1'51'' The writer predicts that bitcoin would replace gold as a more useful store of value and keeps calling for a concern over this "red pill".

5. 1'50'' Winklevoss ETF stands against treating Bitcoin as an investment asset, regarding Bitcoin's legality, trust issue, users' personal security and blended pricing methods.

6. 4'24'' Raj case: though he made insider trading, most deals are earned legally. Such white-collar crimes are the main reason for 2008 financial crisis, and cost feds much on investigations. Besides, insider trading is sexy because it involves "wiretapping and information sneaking"

victorsky

1 2'41
The background how BitCoin created and characteristics about this money.
2 2'30
How Bitcoin worked using the analog of protocol TCP/IP
3 1'39
  BitCoin can have more advantages over traditional currency and banking system,though it can
not avoid being illegally used.Many countries support BitCoin as to rely less on the dollar,whereas  USA apparently denies it.
4 2'14
BitCoin may replace gold and the value may increase,therefore allocating assets here would
be wised.It is expected that BitCoin shall prevail and it will be new different world just
the red pill in Matrix which enable the hero to explore a totally different experience.
5 2'12
There four factor against investing in BitCoin ETF.
-It may be illegal to be ownership or holding the Bitcoin
-No one is professional at managing the asset of BitCoin
-Undetected error may crack down the trust system as it's highly technical.
-The price is easy to be blended.

Obstacle:
7'40
MainIdea: Insider trading cause huge loss  and indirectly bring about the financial crisis in
2008.Though the relative law has already been enforced but it's not effective to detect the
malpractice.Even after the financial crisis,identifiable culprits are still insufficient.Still a lot are to be done.

amberfuu

2'33
Bit coin is a new type of currency, which is electrical. It is not regulated, or in other worlds, cannot be regulated by government.
2'29
It can be used as real currency
1'30
Bit coin is regulated by ourselves, so it's safer
2'35
The amount of Bit coin is growing and becomes more valuable. It is likely to replace the gold someday.
2'45
obstcale
6'08
不行了生病了。。今天就算打个卡。。

gyb192483

谢谢 小杀妹
TIME1：02‘00’‘  the financial industry faces a trust crisis. As a result, the bitcoin comes out. It originated from the computer and one should solve a complex mathemetical problem to unlock a bitcoin. There is no regulation or it is unregulationable from the government. The total volume is 21 million. There are few reasons why people hope it is a lasting economy type
TIME2: 01'37'' The internet system can not be completed until the availability of the TCP/IP. TCP/IP allows people to surf in the internet and access what one wants to access. Right now the bitcoin is experienecing the same process of TCP/IP in 1970s. The bitcoin economy is processing every day. And the amount is about 2 billion. It is used in many aspects of the business from the superarket payment in San Paulo to mechanic service in Losangeles.
TIME3: 01'09'' The bitcoin can provide a safety way to trade, purchase goods and money store. People do not trust the bank system and even the government is not trustable. But the bad action can also employ bitcoin to trade the drug and pornography things. Actually dollars are also used to do so. The point is that there is no central operation. Even the US is anti-bitcoin, other countries such as China and Russsion can promote it. It will break the monery system which is based on US dollars
TIME4: 01'32'' The bitcoin can construct a new economy system. It can replace with golden. Actually it is more worth than golden. author personllay recommend convertiing part of the property into bitcoin to reduce the risk of the enonomy.  Bitcoin can be the red pill for people to experience a new economy system
TIME5: 01'48'' Concerns of Bitcoin. 1) there is no regulations. But if the government get involved, what kind of regulations to be used is not predicated. It may affect the user of the bitcoin 2) The basis of bitcoin is the trust. But it is hard to prove. 3) no expert in bitcoin 4) the price is determined by factors which are not regulated

Obstacle: 04'11''
MI: Inside trade
ATT: neutral
STRUCTURE:
==> Amerian do not like unfair things. that is why american hate inside trade
==> Rajaratnam was found guilty and sentenced for 11 years because of inside business
==> But actually most of the bussiness handled by Rajaratnam is legal and the unlegal profit is far from the loss due to gray business
==> Rajaratnam's case was started to investigate in the warming running of Bush administration, but it doesn't conclude until Obama's turn. It is used to satisfy the discontended civilian regrading the white collar
==> the minutiae involved in mortgage fraud or Wall Street risk-taking, insider trading cases are, as one prosecutor called them, “sexy,” in that they include wiretapped evidence of tipsters getting not just cash but lobsters and real sex in exchange for their services
==> all of these is triggered by Bharara, a prosecutor

Laurielin

又是补作业，好弱
SPEED
哇哦 BITCOIN这个傲骨贤妻里有一集专门的案子
1. 2‘01
2. 1‘58
3. 1’16
4. 2‘21
5，2’34
OBSTACLE
6'00 后半部分感觉不太懂,读了两遍还是不太懂，先回忆吧
american hate unfair disadvantage so they all think inside trader deserve verdict of crime---a famous 11 years conviction of R ---actually the court over punish  him because most of his winning is legal--- US government spend too much taxpayer's money on financial crime like above[negative point]--financial crisis and the similar cases the author talked indicate that white-collar 's scandal is more useful than commit crimes---后两段白目了~回看去

Laurielin

gyb192483 发表于 2013-7-7 23:14
谢谢 小杀妹
TIME1：02‘00’‘  the financial industry faces a trust crisis. As a result, the bitcoin ...

But consider the following: The investigations were launched during the waning years of the Bush administration and had been developed by career law enforcement officials from the SEC, the FBI, and the Justice Department. They were developed at a time when Bernie Madoff still roamed free, with some in law enforcement ignoring warnings about his activities, and when risk-taking by the banks grew to enormous heights.
HI LS的牛人 看到你的回复觉得思路好清晰~~这个倒数第二段，我怎么就是搞不懂什么意思~~要是有空的话能不能告诉我一下~~