Steve Jobs 'heart attack' citizen hack wasn't a short seller The US government investigation into an 18-year-old's false "citizen journalism" report that Steve Jobs had had a major heart attack has so far found he did it for the craic, according to a report. The SEC is probing the circumstances surrounding the one-paragraph October 3 story on CNN-owned site iReport because it caused a …
bankers.. always wanting to blame someone for their own lack if diligence. Surely someone on Wall Street has Job's telephone number and could have called him to check it first.
Its time to take control of the world away from the banks and stock markets as they have proved over and over again they are not up to the job.
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Stock traders make money when the price changes, up or down they don't care as long as they know in advance what way it's going. If they can give it a push they are going to. They don't care about stability or what happens to other people. As long as they run the show expect more bubbles and more crashes as that's how they become millionaires.
Not that I want to start a flame war or anything but you might find that criac actually originated from Ulster Scots (what a waste of taxpayers money to say that it's a language in it's own right - aye) and should more correctly be spelt as 'crack' despite the protestations that 'craic' is correct.
The 'research' I've used for this comes from wikipedia so feel free to roast me :- http://en.wikipedia.org/wiki/Craic
yon coat's mine by the way.
My Dictionary of Hiberno-English by Terry Dolan states it is of Middle English origin, "crak" meaning loud conversation. Craic is just the pretentious (my opinion, not Prof. Dolan's) version of the modern english "crack". If "crack" is good enough for Brian Friel and Roddy Doyle then it should be good enough for anyone.
I'll get me coat.
... is simple. In stock markets it does not matter whether or not the story is credible. What matters is whether OTHERS will EVENTUALLY believe it. If sufficient percentage of readers believes it, stock value will go down, which means one has to sell it FAST in order not to lose the money, which in turn drives price down *without anyone believing the story* at the moment (yet or ever, that's irrelevant).
says the relevant meaning of 'crack' and the expression 'for the crack' originate in the mid-20th century, probably derived along the lines of "a witty or sarcastic remark" (late 19th), "a gossip, (in plural) items of gossip" (early 18th), and "boastful talk; an instance of this, also, a flagrant lie" (Late Middle English). 'Craic' is just the Irish form of 'crack', re-imported into English in the late 20th century.
In short, it's about as Irish as Waterford Crystal is these days.
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