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Unread 13-09-2001, 21:58
Kyle Fenton Kyle Fenton is offline
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Nasdaq

Quote:
NASDAQ has no physical location and operationally is untouched
NASDAQ does have a physical building. That is the tower with the TV screen all on one side of the building in Times Square. Where the actual trading takes place is in a server in Connecticut in a rural affluent town. However no one from the public has ever seen these servers before.

The stock market is primary being closed because it is really difficult to get down to Wal Street, they have to prove that Wal Street is safe for investors (probably the Army is going to be there for a couple of days), and many finical documents were lost during the WTC collapse. However I think that a good number of those finical records were kept on computer and backed up on servers all throughout the world.

The biggest thing that is lost, besides the lost of life, is the insurance pollicies. Most of them are kept on computer disks, but many before the 1970s were kept on paper, and stored in the WTC. Some of those insurance plans may have lost coverage, and people are force to live with no insurance.
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