Fun Guideline story: I worked for a company that went bankrupt and used guideline for 401k. The first day the website allowed me I withdrew the balance for rollover. Apparently this should not have been possible before the bankruptcy was finalized. I found from court filings that the bankruptcy trustee kept telling Guideline they need to freeze withdrawals until the bankruptcy was finalized, and Guideline kept dragging their feet and acting like they didn't understand. The trustee ended up having to go to court and get a temporary restraining order to prevent more employees from withdrawing their balances before the bankruptcy was finalized.
Un-fun bankruptcy fact: All employee names & mailing addresses are part of the public record and accessible on PACER because they're potential creditors in the bankruptcy.
Wait, how are 401ks part of a bankruptcy? I guess the matching portion?
Edit: from my quick research, it appears 401ks are completely protected in a bankruptcy. The only thing would be if the company had not yet sent your contribution to the servicer, then that payment would be considered another creditor. But if the money is in your 401k account at your servicer, the money is protected from any bankruptcy.
Not even corner cases. I worked for a fintech that launched a dda-ish product that had 16 digit account numbers, issued sequentially, with no check digits. At launch there didn't seem to be a CS process for dealing with pretty obvious "customer mistyped account number and sent their money to some else's account." problem.
I think the high-density data centers that are being built to support the hyperscalers are more analogous to the dark fiber overbuild. When you lit that fiber in 2015, you (presumably) were not using a line card bought back in 1998.
Everything in that data center is depreciating as soon as they turn on the power.
AC, ups, generators not to mention the severs.
That's the thing with fiber it was still useful. The cards at either end are easy to add, waaaayyy cheaper and higher perf (they're were no cards on end of dark lines) 15 years later.
Google was kind enough to give the AI overview a stable CSS class name (to date), so this userscript has been effective at hiding it for me:
window.addEventListener('load', function() {
var things = this.document.getElementsByClassName('M8OgIe');
for (var thing of things) {
thing.style.display = 'none';
}
}, false);
I agree, though I think it is worth giving some credit to the people who chose her & appointed her. They didn't have to do that. It was one of the more impressive moves by the previous admin, and won them a lot of points from me.
> It's absurd if you believe the point of government is to be by, for, and of the people.
> If you see government as a way to enhance the ability of the owner class to enrich themselves, it makes perfect sense.
No I actually think it's important for people to square views like "government is a way to enrich the owner class" with actual reality, such as the fact that the government when administered by a different party did the exact opposite.
And it was an antitrust action that unlocked a lot of that value. The consent decree required Bell Labs to license its patents (e.g. transistors) for reasonable royalties. The same consent decree also forbid AT&T from entering new industries like computing. So after they built UNIX, they sold the source code 'as-is' to universities for $200 ($20k for businesses).
Ask anyone who was alive back then and they will tell you stories of how legendarily awful AT&T was to deal with. My father has told me several. The antitrust action made things better for regular people by allowing them to do things like buy their own handsets or haggle over price.
All of them, in regions where they don't have a vertical monopoly. You can negotiate away installation fees and monthly package pricing on DSL, TV, internet phone... also sometimes get a no-contract deal instead of locking in for 24/28 mths with the dreaded ETF which is a large part of Comcast's profitability.
Would you care to put some sort of time scale to "at some point?" Are we talking about months, years, decades, centuries?