Technology Today…

The power in your hands

What do the NYSE and GPS have in Common?

What does the New York Stock Exchange (NYSE) and the Global Positioning System (GPS) have in common? At first glance, maybe nothing, but a closer look reveals that both are critical systems that are dependent on IT systems and therefore both are susceptible to computer glitches and cyber attack.

On May 6th, at approximately 2:30pm Eastern, the NYSE crashed over 1000 points and to this day no one seems to know exactly why. Was it actually a data entry error by a single individual (A “fat finger”)? A massive computer glitch? Or possibly a Cyber Attack?

We’ll look into it and see if we can find some answers – and what can be done to prevent such potentially catastrophic events in the future. Whether your an active investor, have your 401k tied up in the market, or simply rely on your Navigation system to get from A to B, this is one episode that you won’t want to miss. Join us.

We’ll be joined by Dr. James Angel, a Professor at the McDonough School of Business at Georgetown University and a world-recognized expert in the operations of stock markets. He’s also one of my professors during my MBA program at Georgetown. More on his bio below.

Also, best selling author Mr. Bill Birnes, co-author of Space Wars and Counterspace, discussing fictional but realistic scenario of a world war III that is fought on land, sea and low earth orbit – between and against spy & GPS satellites. More on Bill’s bio below as well. You may recognize these titles, as Mr. Bill Scott, also a co-author on these books, joined the show on April 19th to discuss our space assets.

We’ll take your calls live tomorrow at 866-472-5790, as well as your tweets at /techtodayradio, your e-mails at, and your posts on FB at and our show’s FB site, . We’ll also take your comments here on our blog.

Dr. Angel’s bio: Dr. Angel specializes in the structure and regulation of financial markets. His current research focuses on short selling and regulation. Dr. Angel has testified before Congress about issues relating to the design of financial markets. In addition, he has been quoted in hundreds of newspaper articles and has appeared numerous times on radio and television. Dr. Angel has served as a Visiting Academic Fellow in residence at the National Association of Securities Dealers (NASD – now FINRA) and also as a visiting economist at the Shanghai Stock Exchange. He has visited over 50 financial exchanges around the world. Dr. Angel has served as the chairman of the Nasdaq Economic Advisory Board and a member of the OTC Bulletin Board Advisory Committee and currently serves on the Boards of Directors of the DirectEdge stock exchanges. Dr. Angel has a PhD in Finance from Berkeley and an MBA from the Harvard Business School.

Bill Birnes bio: Mr. Birnes is a New York Times bestselling author and holds a law degree and received a Ph.D. from New York University in 1974. Along with detective Dr. Robert Keppel, Birnes co-authored The Riverman, about how serial killer Ted Bundy helped police track Green River Killer Gary Ridgway. The book was broadcast into a made-for-TV film on A&E in September 2004.

Mr. Birnes is best known as the publisher of UFO Magazine and his History channel documentary series UFO Hunters.


June 2, 2010 - Posted by | Episode Descriptions

1 Comment »

  1. […] Stock Market Crash a Cyber Attack? « Technology Today… […]

    Pingback by Emirates NBD Capital advises on three IPOs | equity loans | June 2, 2010 | Reply

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