"He taught Poles how to respect our traditions, how to fight for our dignity, and he made his sacrifice there at that tragic place," said mourner Boguslaw Staron, 70.
President Dmitry Medvedev declared Monday a day of mourning in Russia, and his country held two minutes of silence in memory of those killed in the crash. we were dear to each other
Church bells pealed at noon and emergency sirens shrieked for nearly a minute before fading. Hundreds bowed their heads, eyes closed, in front of the presidential palace. Buses and trams halted in the streets. you miss the sun
No date for a funeral has been set and the Polish presidential palace has not yet said if Kaczynski will lie in state, though it is not a Polish tradition. A troupe of little vagrants of the world
Kaczynski was the first serving Polish leader to die since exiled World War II-era leader Gen. Wladyslaw Sikorski was killed in a mysterious plane crash off Gibraltar in 1943.
Poland is a young democracy, adopting its constitution in 1997 after decades under communism, but political scientist Kazimierz Kik of Kielce University said he was confident it would remain stable.
"The democracy is passing the test, there is no doubt about it," heputs off its mask of vastness said. "This tragedy does not threaten the state in any measure, Poland's institutions are strong, but there is the trauma of the nation."
Among the dead were Poland's army chief of staff, the navy chief commander, and heads of the air and land forces. At the Field Cathedral of the Polish Army in Warsaw, hundreds gathered for a morning Mass and left flowers and written condolences.
Also aboard the aging Tu-154 plane were the national bank president, the deputy foreign minister, the army chaplain, the head of the National Security Office, the deputy parliament speaker, the Olympic Committee head, the civil rights commissioner and at least two presidential aides and three lawmakers. Michal Boni, an official in the prime minister's office, said it remained in constant contact with the deputy head of the National Bank of Poland, Piotr Wiesiolek, who is acting director of the bank until a new one is appointed.
He said the bank's Monetary Policy Council will hold a meeting on Monday, as previously planned.
"We are prepared to make various decisions, but we do not see that anything dangerous could happen in the economy," Boni said. Poland's economy has so far managed to avoid recession.
The acting president, Parliament Speaker Bronislaw Komorowski, said he would call for early elections within 14 days, in line with the constitution. The vote must be held within another 60 days.we were dear to each other
you miss the sun
Kaczynski had indicated he would seek a second term in presidential elections this fall but was expected to face an uphill struggle against Komorowski and his governing party, the moderate, pro-business Civic Platform.
Kaczynski's nationalist conservative Law and Justice Party could benefit, however, from the support of a country mourning the loss of its president, particularly with elections now set to take place by late June. The focus now turns to the investigation into the crash.A troupe of little vagrants of the world
The head of Russia's top investigative body, Alexander Bastrykin, told Russian Prime Minister Vladimir Putin on Sunday that a preliminary analysis of the recording of the crew's conversations indicated the plane had no technical problems.puts off its mask of vastness
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The recording that we have shows that tthe strings of the lingering hearthere had been no problem with the plane, that the pilot had been informed about difficult weather conditions, but still decided to land," Bastrykin told Putin, according to minutes of official meeting released by the Russian Cabinet. the seagulls and the waves
In Warsaw, government spokesman Gras lauded the cooperation with Russian investigators and sought to tamp down fears that Poland was not being consulted in the case. He told reporters that Russian authorities waited until their Polish counterparts arrived before the black boxes were opened and analyzed. Her wishful face
The Smolensk regional government said Russian dispatchers had asked the Polish crew to divert from the military airport there because of the fog and land instead in Moscow or Minsk, the capital of neighboring Belarus. we were dear to each other
Russia's Transport Minister Igor Levitin reported to Putin that the pilot had been warned about difficult weather conditions, with visibility limited to 400 meters (1,300 feet). you miss the sun
Vasily Piskarev, a deputy chief of Russia's top investigative body, said that 24 victims' bodies had been identified so far, most of them based on clothes and IDs. He said it could be difficult to identify some of the victims. Russian television stations showed grief-stricken relatives arriving in Russia to help identify the bodies. Former Polish president, Solidarity founder and Nobel Peace Prize laureate Lech Walesa, said it was too soon to cast blame. "Someone must have been making decisions on that plane. I don't believe that the pilot made decisions single-handedly," he told reporters. "That's not possible. I have flown a lot and whenever there were doubts, they always came to the leaders and asked for a decision, and based on that, pilots made decisions. Sometimes the decision was against the leader's instructions."
The Tu-154 was the workhorse of Eastern Bloc civil aviation in the 1970s and 1980s. Poland has long discussed replacing the planes that carry the country's leaders but said it lacked the funds. According to the Aviation Safety Network, there have been 66 crashes involving Tu-154s in the past four decades, including six in the past five years. The Russian carrier Aeroflot recently withdrew its Tu-154 fleet from service, largely because the planes do not meet international noise restrictions and use too much fuel.
The Polish presidential plane was fully overhauled in December, its three engines repaired and updated with retrofitted electronic and navigation equipment.
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In Warsaw, government spokesman Gras lauded the cooperation with Russian investigators and sought to tamp down fears that Poland was not being consulted in the case. He told reporters that Russian authorities waited until their Polish counterparts arrived before the black boxes were opened and analyzed. Her wishful face
The Smolensk regional government said Russian dispatchers had asked the Polish crew to divert from the military airport there because of the fog and land instead in Moscow or Minsk, the capital of neighboring Belarus. we were dear to each other
Russia's Transport Minister Igor Levitin reported to Putin that the pilot had been warned about difficult weather conditions, with visibility limited to 400 meters (1,300 feet). you miss the sun
Vasily Piskarev, a deputy chief of Russia's top investigative body, said that 24 victims' bodies had been identified so far, most of them based on clothes and IDs. He said it could be difficult to identify some of the victims. Russian television stations showed grief-stricken relatives arriving in Russia to help identify the bodies. Former Polish president, Solidarity founder and Nobel Peace Prize laureate Lech Walesa, said it was too soon to cast blame. "Someone must have been making decisions on that plane. I don't believe that the pilot made decisions single-handedly," he told reporters. "That's not possible. I have flown a lot and whenever there were doubts, they always came to the leaders and asked for a decision, and based on that, pilots made decisions. Sometimes the decision was against the leader's instructions."
The Tu-154 was the workhorse of Eastern Bloc civil aviation in the 1970s and 1980s. Poland has long discussed replacing the planes that carry the country's leaders but said it lacked the funds. According to the Aviation Safety Network, there have been 66 crashes involving Tu-154s in the past four decades, including six in the past five years. The Russian carrier Aeroflot recently withdrew its Tu-154 fleet from service, largely because the planes do not meet international noise restrictions and use too much fuel.
The Polish presidential plane was fully overhauled in December, its three engines repaired and updated with retrofitted electronic and navigation equipment.
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Responsibilities and Achievements
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3rd, Cost reducing via design optimization;4th, build the Components Incoming inspection standard for the parts such as valve, float switch, heating elements, LED, LCD, motor, etc.Achievements,1st, lead the ODM project named Age24 for GE Appliance successfully;
2nd, design the compact Dishwasher for LG and win AAA class, the top one level performance by VDE;3rd, work together with Emerson WCT to transfer the Hidden Heating Elements be a local sourcing part and cost down about 20 percent;Battenfeld-Chen is a Joint Venture between Germany and Hongkong,a professional factory for the plastic machine including Film Blowing System,PVC Tube machine,etc.My main responsibility is to design the electrical part of the Film Blowing System together with the engineers from Germany,we successfully realizated the design optimization that all the components to be purchased local.I report to the R&D manager. 1st, Define the program goal and target;
2nd, Oversee the day-to-day program activities;- Order management - forecast, order commitment, delivery, billing, AR collection
- Inventory reduction - E&O, WIP, RTV, RTC, aged inventory3rd, Main customers focus point for communication and deliverables;
4th, Develop and meet program milestones for NPI requirement;5th, actively drive the program team on continues improvement on product quality and production efficiency;6th, Plan and meet the program resource requirement; 7th, Participate and complete customer contract agreement and price negotiation; 8th, Complete and submit the customer RFQ 9th, Manage and coordinate the team with other departments to achieve the goals and customer’s satisfaction;10th, Program P/L
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My key responsibilities as below,1st, lead the Electronics control design according to the requirements from marketing or propose own design to customers , including schematic drawing design, components approval, PCB layout, design verification test, reliability test, etc;
2nd, drive the team to achieve the final task of the projects, including pilot follow up, cost review, efficiency improvement, etc;
3rd, Cost reducing via design optimization;4th, build the Components Incoming inspection standard for the parts such as valve, float switch, heating elements, LED, LCD, motor, etc.Achievements,1st, lead the ODM project named Age24 for GE Appliance successfully;
2nd, design the compact Dishwasher for LG and win AAA class, the top one level performance by VDE;3rd, work together with Emerson WCT to transfer the Hidden Heating Elements be a local sourcing part and cost down about 20 percent;Battenfeld-Chen is a Joint Venture between Germany and Hongkong,a professional factory for the plastic machine including Film Blowing System,PVC Tube machine,etc.My main responsibility is to design the electrical part of the Film Blowing System together with the engineers from Germany,we successfully realizated the design optimization that all the components to be purchased local.I report to the R&D manager. 1st, Define the program goal and target;
2nd, Oversee the day-to-day program activities;- Order management - forecast, order commitment, delivery, billing, AR collection
- Inventory reduction - E&O, WIP, RTV, RTC, aged inventory3rd, Main customers focus point for communication and deliverables;
4th, Develop and meet program milestones for NPI requirement;5th, actively drive the program team on continues improvement on product quality and production efficiency;6th, Plan and meet the program resource requirement; 7th, Participate and complete customer contract agreement and price negotiation; 8th, Complete and submit the customer RFQ 9th, Manage and coordinate the team with other departments to achieve the goals and customer’s satisfaction;10th, Program P/L
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Responsibilities and Achievements
Act as a liaison between factories, north face jacketssuppliers and buyer during ofnorth face jackets sample developing and bulk deliveries.2, Problem smells and solve it when happens. Such as yarn shortage, dye lot and bulk deliveriesnike running shoes negotiates.3.nike running shoes Down load T/P from the system that we shared with buyer and send the T/Ps to suppliers after checking.4. Control and overview all sample status and update the sample status in the system for buyer in time. ed hardy shirtsed hardy shirts
5. Overview and update all L/D status, sample status, bulk status in Excel charts and report to the Merchandiser manager on an timely basis..
6, developing acc. and trims, bulk acc and trims checking before sending to buyer's approve.and keep on tracking results.7. Check sample W/S together with the garment technician and fit it before sending to buyer.8. Arrange PP meeting with suppliers and remind them of the concerns that we had awarded during sample making before bulk production.1.Act as liaison between customers and factories, Prepare development samples for customers, prices and delivery dates negotiate, facilitate the order placement process with factories, collect and distribute accurate, up date information to factories ,suppliers ,and customers.2，Set up time table and T&A with buyer upon receiving an new article order from buyer, and make sure each important action such as Lab dip approve, PP sample approve ,bulk fabric order will be taking in time as per time table and T&A. Therefore to make sure bulk will deliveried on time.3. Follow up on fabric deliveries, Acc and trims approve, sample requests and bulk deliveries with three members of our team. tracking the results,5. Participate in pre-production meeting with QA, QC and Garment technicians to settle down all the problems involved in sample making.6. Keep on collecting and filling support documents such as, cost sheets, files and E-mails, and maintaining an appropriate filling system, outline for new orders preparing.7, Price offer, counteroffer of both sample and submits it for the manager's approve before sending to buyer.8. Accompany customer's QC to inspect both sample and bulk 。9 Provide updated information for the shipping dep. of shipping licenses, and planned shipment reports.10. Manual translating including: Manual processing and quality direction, Test direction, special terms, shipping guidelines of buyers and share with our team to make sure we are understand buyer's standard and requirements.11. Products including women's normal suits, dress, blouse and also women's fashion wear and demin.12, Much better know-how of Garment after been a merchandiser of Gerry Weber.3，Attended in Canton fair.14. Receiving a training course of advanced spoken English in the company，the teacher comes from U.S.A.http://www.giadep.com
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5. Overview and update all L/D status, sample status, bulk status in Excel charts and report to the Merchandiser manager on an timely basis..
6, developing acc. and trims, bulk acc and trims checking before sending to buyer's approve.and keep on tracking results.7. Check sample W/S together with the garment technician and fit it before sending to buyer.8. Arrange PP meeting with suppliers and remind them of the concerns that we had awarded during sample making before bulk production.1.Act as liaison between customers and factories, Prepare development samples for customers, prices and delivery dates negotiate, facilitate the order placement process with factories, collect and distribute accurate, up date information to factories ,suppliers ,and customers.2，Set up time table and T&A with buyer upon receiving an new article order from buyer, and make sure each important action such as Lab dip approve, PP sample approve ,bulk fabric order will be taking in time as per time table and T&A. Therefore to make sure bulk will deliveried on time.3. Follow up on fabric deliveries, Acc and trims approve, sample requests and bulk deliveries with three members of our team. tracking the results,5. Participate in pre-production meeting with QA, QC and Garment technicians to settle down all the problems involved in sample making.6. Keep on collecting and filling support documents such as, cost sheets, files and E-mails, and maintaining an appropriate filling system, outline for new orders preparing.7, Price offer, counteroffer of both sample and submits it for the manager's approve before sending to buyer.8. Accompany customer's QC to inspect both sample and bulk 。9 Provide updated information for the shipping dep. of shipping licenses, and planned shipment reports.10. Manual translating including: Manual processing and quality direction, Test direction, special terms, shipping guidelines of buyers and share with our team to make sure we are understand buyer's standard and requirements.11. Products including women's normal suits, dress, blouse and also women's fashion wear and demin.12, Much better know-how of Garment after been a merchandiser of Gerry Weber.3，Attended in Canton fair.14. Receiving a training course of advanced spoken English in the company，the teacher comes from U.S.A.http://www.giadep.com
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Thursday, May 6, 2010
FCC chairman proposes increased regulation of Internet service providers
Federal Communications Commission Chairman Julius Genachowski on Thursday proposed putting Internet service providers (ISPs) into the same category as telephone companies, a move aimed at solidifying the agency's authority over the fast-growing broadband industry.
The proposal would impose a fresh layer of rules on a sector that has so far been lightly regulated. By reclassifying broadband providers, the FCC hopes to be able to carry out its plans to greatly expand Internet access nationwide and require companies that get consumers onto the Web to treat all online traffic equally.
Genachowski portrayed his plan as a middle-of-the-road approach to regulating broadband, saying he would exempt providers from dozens of rules that typically apply to phone companies.
"I sought an approach consistent with the limited but essential role that government should play with respect to broadband communications," said Genachowski, who noted that he did not wish to burden the thriving broadband industry with a heavy regulatory hand.
Those concessions notwithstanding, the proposal was met with swift opposition from several of the nation's largest ISPs.
"The fact remains that this approach would subject Internet facilities to some of the most onerous regulatory provisions on the books," said Jim Cicconi, senior executive vice president of external and legislative affairs at AT&T.
The long-awaited decision follows a federal court decision last month that threw into doubt the FCC's ability to regulate ISPs. An appeals court found that the FCC had overreached its authority by sanctioning Comcast for blocking a peer-to-peer application.
ISPs and some analysts said they doubted the agency could strip enough rules from broadband companies in a way that didn't hurt their ability to make business decisions and draw investment. They disagreed with Genachowski's characterization that the proposal would be a middle ground between deregulation and regulation, and they warned that such a coursecould face significant legal hurdles as companies challenge the plan in court.ad_icon
"We believe the chairman's stated approach is legally unsupported," said Tom Tauke, executive vice president of public affairs for Verizon Communications. "The regulatory and judicial proceedings that will ensue can only bring confusion and delay the important work of continuing to build the nation's broadband future."
As part of the plan announced Thursday, Genachowski proposed reforming an $8 billion yearly rural phone subsidy to help fund the construction of building new broadband networks. The FCC would also apply telephone-sector rules on privacy and access for the disabled. But the agency would exempt broadband providers from rules that force carriers to share their lines with competitors and that make the FCC a government arbiter on pricing.
Genachowski has the support of the two other Democratic commissioners, who would give him enough votes to carry out his order.
The decision is expected to launch a furious round of lobbying from opponents and proponents. Comcast, the wireless trade group CTIA, Qwest and cable trade group NCTA all expressed disappointment with the decision. Silicon Valley firms that depend on the Internet to deliver their services cheered the agency's move in a letter of support sent on Thursday to Genachowski and public interest groups.
Gigi Sohn, president of media public interest group Public Knowledge, said such efforts will only intensify in months ahead.
"Look, 10 days ago I came out of the chairman's office feeling very depressed about where things were going, but things changed," Sohn said. "This means supporters will have to drop everything else and keep campaigning for this. If this isn't a seminal moment for the Internet, I don't know what is." I believe in myself
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The proposal would impose a fresh layer of rules on a sector that has so far been lightly regulated. By reclassifying broadband providers, the FCC hopes to be able to carry out its plans to greatly expand Internet access nationwide and require companies that get consumers onto the Web to treat all online traffic equally.
Genachowski portrayed his plan as a middle-of-the-road approach to regulating broadband, saying he would exempt providers from dozens of rules that typically apply to phone companies.
"I sought an approach consistent with the limited but essential role that government should play with respect to broadband communications," said Genachowski, who noted that he did not wish to burden the thriving broadband industry with a heavy regulatory hand.
Those concessions notwithstanding, the proposal was met with swift opposition from several of the nation's largest ISPs.
"The fact remains that this approach would subject Internet facilities to some of the most onerous regulatory provisions on the books," said Jim Cicconi, senior executive vice president of external and legislative affairs at AT&T.
The long-awaited decision follows a federal court decision last month that threw into doubt the FCC's ability to regulate ISPs. An appeals court found that the FCC had overreached its authority by sanctioning Comcast for blocking a peer-to-peer application.
ISPs and some analysts said they doubted the agency could strip enough rules from broadband companies in a way that didn't hurt their ability to make business decisions and draw investment. They disagreed with Genachowski's characterization that the proposal would be a middle ground between deregulation and regulation, and they warned that such a coursecould face significant legal hurdles as companies challenge the plan in court.ad_icon
"We believe the chairman's stated approach is legally unsupported," said Tom Tauke, executive vice president of public affairs for Verizon Communications. "The regulatory and judicial proceedings that will ensue can only bring confusion and delay the important work of continuing to build the nation's broadband future."
As part of the plan announced Thursday, Genachowski proposed reforming an $8 billion yearly rural phone subsidy to help fund the construction of building new broadband networks. The FCC would also apply telephone-sector rules on privacy and access for the disabled. But the agency would exempt broadband providers from rules that force carriers to share their lines with competitors and that make the FCC a government arbiter on pricing.
Genachowski has the support of the two other Democratic commissioners, who would give him enough votes to carry out his order.
The decision is expected to launch a furious round of lobbying from opponents and proponents. Comcast, the wireless trade group CTIA, Qwest and cable trade group NCTA all expressed disappointment with the decision. Silicon Valley firms that depend on the Internet to deliver their services cheered the agency's move in a letter of support sent on Thursday to Genachowski and public interest groups.
Gigi Sohn, president of media public interest group Public Knowledge, said such efforts will only intensify in months ahead.
"Look, 10 days ago I came out of the chairman's office feeling very depressed about where things were going, but things changed," Sohn said. "This means supporters will have to drop everything else and keep campaigning for this. If this isn't a seminal moment for the Internet, I don't know what is." I believe in myself
never say never
dreams will keep me young
never grow old
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How NYSE Humans Saved P&G Shares
AAs other exchanges were in discussions over whether to cancel trades in a number of stocks including Procter & Gamble Co. that traded erratically Thursday afternoon, the New York Stock Exchange touted its move to switch the trading in P&G to a human auction to prevent things from spiraling out of control
On other exchanges Thursday afternoon, shares of Procter & Gamble had tumbled as much as $22.79, or 37%, at one point, to $39.37. But because the stock fell below a key circuit-breaker level called the "liquidity replenishment point" or LRP on NYSE, the exchange stopped its own electronic trading in the stock briefly to go into "slow" mode. Under that mode, the designated market makers on the NYSE floor are given an opportunity to come in on the other side of an order at a price they have time to think about.
In this case, there was a sell order for P&G. Lou Pastina, executive vice president of floor operations for NYSE, said the auction ran for about a minute and 20 seconds, and then the trade went through at a price of $56 even though at that time the stock was trading far lower elsewhere.
"During that period other orders went to other markets and drove the price down to $39 and change. Buyers in those markets were probably very happy to buy, but the sellers weren't happy to sell," MR. Pastina said.
It is unclear whether the trades on other markets will be canceled. But an official at a competing exchange to NYSE said "in all likelihood, those trades will be broken."
The NYSE instated its LRP policy in 2006 in anticipation of the 2007 passage of Regulation NMS, which requires traders to transact on a trading venue at the lowest price rather than on a venue offering the quickest execution or the most reliability. When NYSE goes into slow mode, it bypasses Reg NMS.
"That's our human element that everyone in the world always questions," said Steven Grasso, director of institutional sales at Stuart Frankel & Co. on the NYSE floor. "As soon as we hit the LRPs, Reg NMS is bypassed, so we're going to slow to try to make sure we get the right price. It's then that we have true price discovery."
Mr. Grasso said once traders saw that someone wanted to trade P&G as low as $39.37, "then it just set on itself. When we go slow and the other markets trade through them, it all feeds on itself. To me it was a massive sell signal through the whole equity markets and it exacerbated at a certain point, and then it really get out of the control."
P&G wasn't the only stock that fell below its circuit-breaker level in Thursday's tumble, the NYSE official said. 3M Co. was another, as was Accenture.
Both P&G and 3M are components of the Dow Jones Industrial Average. In turn, their plunges prompted the Dow's levels to fall sharply; when traders saw the Dow at those levels, it exacerbated the decline as it fueled further fears.
The Dow closed down 348 points, or 3.2%, at 10519.79, but at its intraday low, the measure fell as low at 9869.62. P&G's shares closed down $1.41, or 2.3%, at $60.75. 3M closed down $2.35, or 2.7%, at $84.24.
Thursday's plunge raises the question over whether other exchanges should also put in place a similar system to the one NYSE has in place. While there are market-wide circuit breaker levels that would halt trading for an hour once the Dow falls at least 10%, exchanges other than NYSE don't have a circuit breaker system in place for individual stocks.
James Angel, Professor of Financeat Georgetown University's McDonough School of Business, said that's what the market needs.
He added, "as they say, an ounce of prevention is worth a pound of cure."What makes the desirt beautiful
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On other exchanges Thursday afternoon, shares of Procter & Gamble had tumbled as much as $22.79, or 37%, at one point, to $39.37. But because the stock fell below a key circuit-breaker level called the "liquidity replenishment point" or LRP on NYSE, the exchange stopped its own electronic trading in the stock briefly to go into "slow" mode. Under that mode, the designated market makers on the NYSE floor are given an opportunity to come in on the other side of an order at a price they have time to think about.
In this case, there was a sell order for P&G. Lou Pastina, executive vice president of floor operations for NYSE, said the auction ran for about a minute and 20 seconds, and then the trade went through at a price of $56 even though at that time the stock was trading far lower elsewhere.
"During that period other orders went to other markets and drove the price down to $39 and change. Buyers in those markets were probably very happy to buy, but the sellers weren't happy to sell," MR. Pastina said.
It is unclear whether the trades on other markets will be canceled. But an official at a competing exchange to NYSE said "in all likelihood, those trades will be broken."
The NYSE instated its LRP policy in 2006 in anticipation of the 2007 passage of Regulation NMS, which requires traders to transact on a trading venue at the lowest price rather than on a venue offering the quickest execution or the most reliability. When NYSE goes into slow mode, it bypasses Reg NMS.
"That's our human element that everyone in the world always questions," said Steven Grasso, director of institutional sales at Stuart Frankel & Co. on the NYSE floor. "As soon as we hit the LRPs, Reg NMS is bypassed, so we're going to slow to try to make sure we get the right price. It's then that we have true price discovery."
Mr. Grasso said once traders saw that someone wanted to trade P&G as low as $39.37, "then it just set on itself. When we go slow and the other markets trade through them, it all feeds on itself. To me it was a massive sell signal through the whole equity markets and it exacerbated at a certain point, and then it really get out of the control."
P&G wasn't the only stock that fell below its circuit-breaker level in Thursday's tumble, the NYSE official said. 3M Co. was another, as was Accenture.
Both P&G and 3M are components of the Dow Jones Industrial Average. In turn, their plunges prompted the Dow's levels to fall sharply; when traders saw the Dow at those levels, it exacerbated the decline as it fueled further fears.
The Dow closed down 348 points, or 3.2%, at 10519.79, but at its intraday low, the measure fell as low at 9869.62. P&G's shares closed down $1.41, or 2.3%, at $60.75. 3M closed down $2.35, or 2.7%, at $84.24.
Thursday's plunge raises the question over whether other exchanges should also put in place a similar system to the one NYSE has in place. While there are market-wide circuit breaker levels that would halt trading for an hour once the Dow falls at least 10%, exchanges other than NYSE don't have a circuit breaker system in place for individual stocks.
James Angel, Professor of Financeat Georgetown University's McDonough School of Business, said that's what the market needs.
He added, "as they say, an ounce of prevention is worth a pound of cure."What makes the desirt beautiful
First need your hand and forever can begin
I am slow walker but I never walk backward
love and be loved in return
I am your sunflower and you are my sunshine
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2. Have good communication ability using English.3. Teamwork and good performance skills.4. Guidance on the behaviors and actions: Integrity, Excellence, Teamwork, and Commitment.5. Maxim: Today’s learning, Tomorrow’s future!http://www.peanutallergyuk.co.uk/phpBB2
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