Tagged: Superstorm Sandy

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1:27pm

Tue October 30, 2012
The Two-Way

Captain's Judgment Questioned After Sinking Of Tall Ship

Originally published on Fri December 14, 2012 10:41 am

Credit USCG / United States Coast Guard

When the HMS Bounty set sail in 1787, Captain William Bligh had only his instincts to safely complete a journey from England to the South Pacific island of Tahiti. Last week, Robin Walbridge, captain of a replica of Bligh's ship of mutiny fame, had every modern weather-forecasting resource to plan a voyage from New London, Conn., to St. Petersburg, Fla.

But it didn't keep him from a fatal misjudgment.

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1:22pm

Tue October 30, 2012

12:58pm

Tue October 30, 2012
Planet Money

The Robots Haven't Taken Over The Stock Market (Yet)

Originally published on Fri November 2, 2012 11:04 am

Credit Richard Drew / AP

Note: This story was originally published on Oct. 30. It was updated on Nov. 1 to include a radio version of the story.

The stock market, according to a popular narrative, is now just computers making superfast trades with other computers. Those pictures of traders getting emotional on the floor of the New York Stock Exchange are an anachronism. The real action flashes through fiber-optic cables headed for servers in places like Kansas City. It's algorithms all the way down.

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