Entries tagged "Bryan Burroughs"
Andrew Ross Sorkin sneaks a philosophical conundrum into his column this week in The New York Times: What is truth? Actually, his real subject is rumors and their sibling relation to shorting and its relation to staggering Wall Street firms. Sorkin's description of the various ways traders can spread rumor and scuttlebutt is interesting -- as is his passing comments about what's saved by telecom providers and what's not. His underlying point is valid: Our vast, layered communications infrastructure can serve as one giant rumor amplifier (on the other hand, given how large, global and complex the markets are compared...
