Link Details

Wall street would also like to pay minimal wage for such developer.

by chinese standards of course... That's what happens when for years you don't pursue code quality and culture to reduce expenses; you have a lot of mediocre developer, indeed you get what you pay for...

Clueless business article.

There is a lot of truth to this article, in that low latency trading applications achieved by highly concurrent code is crucial here on Wall Street. Also true is that very few Java programmers my team interviews have any concurrency experience.

Unfortunately, the end result of this article won't be more programmers learning about concurrency - just more recruiters adding the phrase "parallel programming with JAVA" to candidates' resumes.

Well, be honest: Thats business/banking software. It is not that simple to write multi-threadded - code in Cobol any more... ;-)