Friday, May 7, 2010

Thank Goodness for Records.

Sing the following to the Madonna song “Material Girl”--“I am living in a glitchy world and I am a glitchy boy”. The more the world changes, the more it stays the same.

This week it was reported that a Facebook software flaw allows others to see your private instant messages. That’s a Facebookery problem of major magnitude.
Yesterday the market inexplicably tumbled on a “trading glitch” taking 1000 points off the DOW for a time. Certain stocks like Accenture went down 100% in a short time. Imagine buying or selling during that period of time. That’s some serious Wall Street IT shenanigans.

The government is investigating an insurer for improper rate increases due to a “math error”. Thank goodness they have records so we can verify if they made an adding error. That’s some seriously bad mathematics.

R U kidding me