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Executives at both companies concluded the merger would not fly. The founder of a Technology Consulting firm says regulators are out of touch. I think the government is Old Technology and an old point of view. I think the f. C. C. And d. O. J. Have shown there are anachronisms when it comes to dealing with new technology and that kind of progress. Mark on wednesday, officials from the federal Communications Commission told both companies they were opposed saying the deal did not help consumers. They plan to call an administrative hearing which would have dragged the process out for months. The british trader blamed in the flash crash is still in jail. He has not come up with bail which was set at 7. 5 million. We are learning more about the trader. In an email last year to british regulators, he defended his rapidfire success has the benefit of a quick mind and that the trade secret we canceled were simply because he changed his mind not because he was engaging in illegal market manipu

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