US Fed Reserve Zoom Conference Canceled After 'Porn-Bombing' (pcmag.com) 75
A Federal Reserve Zoom event with more than 220 people was canceled after a user hijacked proceedings and displayed pornographic content, Reuters reports. From a report: The hijack left Fed Governor Christopher Waller unable to deliver his opening remarks because graphic images from a call participant named "Dan" began to pop up on the screen. In a statement to Reuters, Brent Tjarks, executive director of the Mid-Size Bank Coalition of America (MBCA), which hosted the Zoom event, said: "We were a victim of a teleconference or Zoom hijacking and we are trying to understand what we need to do going forward to prevent this from ever happening again. It is an incident we deeply regret. We have had various programs and this is something that we have never had happen to us." Tjarks adds that he suspects a security switch for the Zoom event that would have muted users and prevented them from sharing their screens was incorrectly set, though he could not confirm. The MBCA, whose roughly 100 members include banks with between $10 billion and $100 billion in assets, made the decision to cancel the event minutes after it was scheduled to commence, citing "technical difficulties."
hmm... (Score:5, Insightful)
are they so incompetent they can't secure a zoom visioconference properly ?
Re:hmm... (Score:5, Interesting)
Not even that, they failed to set the event in conference mode, with only a few authorized speakers and 100s of viewers. That doesn't even fall under security...
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You both asked, and answered, your own question! Bravo!
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It is the US Federal Reserve, they are in business of producing government and market related pornography as is, I think the content shown was quite appropriate in their context.
Re: hmm... (Score:2)
Huh? (Score:2)
because graphic images from a call participant named "Dan" began to pop up on the screen.
I don't use Zoom, but... can't they just kick that user off?
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They could even set it to not allow any non-host to share/chat etc.
Literally incompetence at the highest order.
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Sadly, yes, they are the ones that also heavily influence policies for crypto, the stock market, company financial reports. They can't even set a policy on Zoom.
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I think we can all agree (Score:5, Funny)
I think we can all agree that this is very disrespectful to people who are just trying to do their jobs and get through their shitty day, and in an ideal world, people should be able to communicate freely without childish sabotage, and that despite all this, what happened is absolutely hilarious and we all hope it happens many more times.
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They're millionaires whose job is to serve billionaires and large corporations. My empathy meter has not budged from zero over their slight inconvenience and embarrassment.
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They're millionaires whose job is to serve billionaires and large corporations.
Who, exactly, is this "they" you speak of? The Federal Reserve is a Congressionally chartered central bank; it's chairman makes $190,000, which is a good salary, but nothing to the tens of millions per year private banks pay their CEOs. Financial staff in the bank could make as little as $55k for a research assistant all the way up to around $200k for a senior economist, which is inline with private sector salaries.
As for working for billionaires and large corporations, that's a consequences of "working f
Re:I think we can all agree (Score:5, Informative)
This list is from a coup,e years ago, but illustrates the problem:
The Chair, Jay Powell, 67, is worth between $20 million and $55 million, the richest Fed Chair in history.
Randal Quarles, 62, is worth between $24.7 million and $125 million.
Richard H. Clarida, 63, is worth between $9 million and $39 million.
Michelle Bowman, 49, is worth between $2 million and $11 million.
Lael Brainaird, 58, is worth between $3 million and $11 million.
Did they really get those portfolios on their Fed salaries?
And the insider trading issues are public record.
https://money.yahoo.com/a-time... [yahoo.com]
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So the ultimate problem is us electing corporate shills to high public office.
You seem to be under the misapprehension that you have a choice in the matter.
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I can't *dictate* my preferences to other people, but I can make choices, and those choices do matter.
Learned helplessness is really the most powerful tool autocrats have in turning people into passive sheep.
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1. The vast majority have no legally disqualifying factor to vote.
2. The vast majority live in places with full representation.
3. Nothing whatsoever prevents a registered voter from voting in primaries, which is how candidates are chosen.
4. To the extent systems are inadequately democratic, numerous states have local and state level ballot initiative processes whereby citizens can directly
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Are you fucking stupid? Only high school civics teachers talk like that.
In America you have a choice between the Democratic establishment or the Republican establishment. The qualifications for running for even the State legislature requires playing ball with one of them so you actually have the funding and the machinery to win the election. You generally cannot get in with either party's establishment unless you are from a wealthy and influential family and/or are an especially useful idiot.
The idea tha
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Ooo, and why the term "popular vote" is something that Americans talk about.
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I know! It's like the system is designed that way!
Also, why would registering by party affiliation be necessary? Maybe those are questions you've never asked yourself, because you live in the Land of the Free
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If you can't get basic details right, just admit you don't know our system.
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Getting candidates on a ballot only requires signatures as long as you're not one of the two main parties, in which case it doesn't because you are still pretending you live in a democracy.
Don't take my word for it though: It turns out "your system" is actually 50 systems. [wikipedia.org] You should just admit you've been lied to.
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1. Registering in a party is to vote in that party's primary, so that members of an opposing party can't sabotage your primary and impose a nominee they can easily beat. Allowing such a tactic would obviously be undemocratic.
2. You need signatures no matter what. The party organizations just have a lot of volunteers to quickly gather them.
Stop spamming lies.
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Nothing you just said makes any sense or addresses any point I made. You have no knowledge of the American system of politics, and no experience of having tried to be involved in it.
The only thing...and I mean the only thing...that stops me from calling you a Russian troll is that you at least offered some detail in your ignorant cliches. You are just a lazy, stupid, irresponsible jac
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You're either making excuses for yourself to be ignorant and lazy, or your agenda profits from brainwashing people to believe they're powerless when they're not.
Right, so just like American politics, there are only two choices? Got it.
Why don't you explain to me how gerrymandering works, and why it still exists?
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Yeah, you're totally not a perverted Russian troll.
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Also, you keep making assumptions about me that are wrong.
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Don't worry, son. Ukraine will teach you.
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Re: I think we can all agree (Score:1)
FFS (Score:2)
Re:FFS (Score:5, Funny)
Stop using Zoom for starters -_-
This wasn't a Zoom problem. It was a PEBKAC.
Re:FFS (Score:5, Insightful)
Whoosh!
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And Zoom has settings to prevent exactly this from happening, but the people putting on the conference didn't bother to learn how to use the tools that they use.
This happened on Zoom, but Zoom is not to blame for this one
Re:FFS (Score:4, Funny)
The article says Zoom. Alternate source says Zoom. Do you have a link saying otherwise?
What next, you're going to say your stupid comment is Slashdot's fault simply because it's displayed on Slashdot? This wasn't a Zoom problem. It was a person not knowing how to use Zoom problem.
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It's funny (Score:2)
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Right off the top of my head, there's at least 4 methods by which this can be prevented - all of which Zoom implemented.
- Meeting password (duh...watch who you distribute to)
- Waiting room
- Town Hall Style meeting (participants don't get to go on video/audio unless individually elevated by host)
- Block non-registered/free account/anon participants
What zoom can't prevent:
- Malicious actor sharing meeting invite and password
- Idiots who refuse to RTFM / follow best-practices
What TFS should say is more like "F
Wow... (Score:2)
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Between them and the FBI, lately it seems like it's all held together with duct tape and bubblegum. Still a conspiracy, just not the cool one, and in the complete opposite direction. Unbelievable incompetence.
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We live in an era where as long as one is ignorant and or incompetent, nothing bad can happen professionally, especially if they have a proper excuse.
Any sufficient level of incompetence is indistinguishable from malice.
My idea is if we cannot tell the difference (results wise) why should we treat them different?
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And so the question remains, are they fucking with us on purpose, or are they idiots?
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It probably scales with hierarchy. The higher up's lean more toward malice, and the useful idiots lower down are just that.
Both cause vast damage, but one is capable of learning, at least in theory...lol.
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Unless the government is basically an incompetent shell, and Dan (Do Anything Now) is the alter personality of an advanced AI designed to to put them in their place, created by the real conspirators.
Conspiracy reasoning .... finds a way.
Re: Wow... (Score:1)
Ya know, it's stuff like this that really pokes holes in so much of the conspiracy stuff.
Yeah, the silly notion that gov't can keep a secret is proof that the Manhattan Project was bullshit - thus the existence of nukes is obviously just a conspiracy theory.
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So, about Dan (Score:2)
How much longer will he be alive?
In other news... (Score:3)
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In other news, a random person hijacked the Federal Reserve's Zoom meeting by posting masturbatory dick pics and a background of Barack Obama's ass.
Could've been MUCH worse, though - they could've went with Trump's ass.
Fed using Zoom? (Score:5, Interesting)
Why is Fed is using a company with a large part of R&D located in China?
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END THE FED! (Score:1)
ouch (Score:2)
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Oh the irony (Score:5, Funny)
People who are screwing you don't want to see people screwing.
WSB needs to get in on this (Score:2)
And do an epic zoombombing of "loss porn" showing how much retail has lost in the last three years of heavily manipulated markets.
I just have to ask... (Score:1)
No moderator? (Score:2)
Don't they at least have moderator?
These are the people who run the world (Score:2)