tag:blogger.com,1999:blog-5090403.post8568310323080607452..comments2023-09-07T04:24:11.648-06:00Comments on y-intercept blog: Open Source Real Time eXchangey-intercepthttp://www.blogger.com/profile/03389285761013186443noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-5090403.post-38814391929744260762008-09-30T18:25:00.000-06:002008-09-30T18:25:00.000-06:00I am convinced it is the tools and not just the pe...I am convinced it is the tools and not just the people. If engineer types sat down and created a new set of tools designed for people who want to share equity, then I think they could crack this egg and make a winning product.<BR/><BR/>The keys to a successful system would be to make the equity owner the focus of the exchange. The program would use Open Source and real time transactions to maximize transparency.<BR/><BR/>It would be a super fun system to program.y-intercepthttps://www.blogger.com/profile/03389285761013186443noreply@blogger.comtag:blogger.com,1999:blog-5090403.post-8674915350014365232008-09-30T17:13:00.000-06:002008-09-30T17:13:00.000-06:00The loss of confidence (trust) in the investment i...The loss of confidence (trust) in the investment instruments and in the market has a lot to do with poor information -- insufficient transparency. Poor information about an instrument leads to an inability to place a proper value on it.<BR/><BR/>The problem now is that, except for some of the instruments that have successfully traded, the information available about the remaining problematic instruments is still so poor that no one can determine their value. (Except for President Bush and Secretary Paulson, who claim to somehow magically know that that the government will make out like a bandit if it buys up these instruments.)<BR/><BR/>Better transparency about the nature of the instruments and who owns (or controls) them would go a long way toward preventing future debacles like this one.Scott Hinrichshttps://www.blogger.com/profile/11831447472339880148noreply@blogger.com