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A Taiwan stock trader mistakenly bought $251 million worth of shares with a mis-stroke of her computer [^] :doh: Steve
the trader was unfamiliar with new computer systems New system huh? So it isn't entirely the trader's fault. Blame the trainers, the developers, and ... :) Weiye Chen Life is hard, yet we are made of flesh...
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A Taiwan stock trader mistakenly bought $251 million worth of shares with a mis-stroke of her computer [^] :doh: Steve
:doh::doh: poor her.... I think there should be trapping system for real-application like that "Courage choose who will follow, Fate choose who will lead" - Lord Gunner, Septerra Core "Press any key to continue, where's the ANY key ?" - Homer Simpsons Drinking gives me amazing powers of insight. I can solve all the worlds problems when drunk, but can never remember the solutions in the morning. - Michael P Butler to Paul Watson on 12/08/03
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A Taiwan stock trader mistakenly bought $251 million worth of shares with a mis-stroke of her computer [^] :doh: Steve
So, the trader had unlimited power when buying, huh? No one needs to check and authorize a quarter-billion transaction. Great software. It's great that whoever made this trading software, is not making airplane control software. I see dead pixels Yes, even I am blogging now!
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So, the trader had unlimited power when buying, huh? No one needs to check and authorize a quarter-billion transaction. Great software. It's great that whoever made this trading software, is not making airplane control software. I see dead pixels Yes, even I am blogging now!
Yes, imagine if the pilot chose to fold the wheels while the plane is still on the runway and it happens.... :~ Cheers, Vikram.
http://www.geocities.com/vpunathambekar "It's like hitting water with your fist. There's all sorts of motion and noise at impact, and no impression left whatsoever shortly thereafter." - gantww.
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A Taiwan stock trader mistakenly bought $251 million worth of shares with a mis-stroke of her computer [^] :doh: Steve
:wtf: While it's cost the company $$$, they already say they have no plans to sell the stock. Given this scenario, firing her seems to be a bit harsh. :sigh: Cheers, Vikram.
http://www.geocities.com/vpunathambekar "It's like hitting water with your fist. There's all sorts of motion and noise at impact, and no impression left whatsoever shortly thereafter." - gantww.
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Yes, imagine if the pilot chose to fold the wheels while the plane is still on the runway and it happens.... :~ Cheers, Vikram.
http://www.geocities.com/vpunathambekar "It's like hitting water with your fist. There's all sorts of motion and noise at impact, and no impression left whatsoever shortly thereafter." - gantww.
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A Taiwan stock trader mistakenly bought $251 million worth of shares with a mis-stroke of her computer [^] :doh: Steve
As I understand she mistyped the amount. What I`m wondering is how big is the difference with the amount she was supposed to spend and the 251 million (was it zero(s) at the end? or should the 2 in the front have been a 1 ???). her company is looking at a paper loss of more than $12 million Does the 12 million dollar paper loss of the company mean she spend 12 million too much? Or perhaps they needed to spend 12 million dollar on paper to print out a receipt for each share bought :-D But still, if I had a newby in the company 'accidently' spending even 1 million too much, I think I`ld fire the person too...
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As I understand she mistyped the amount. What I`m wondering is how big is the difference with the amount she was supposed to spend and the 251 million (was it zero(s) at the end? or should the 2 in the front have been a 1 ???). her company is looking at a paper loss of more than $12 million Does the 12 million dollar paper loss of the company mean she spend 12 million too much? Or perhaps they needed to spend 12 million dollar on paper to print out a receipt for each share bought :-D But still, if I had a newby in the company 'accidently' spending even 1 million too much, I think I`ld fire the person too...
GDavy wrote: What I`m wondering is how big is the difference with the amount she was supposed to spend and the 251 million (was it zero(s) at the end? or should the 2 in the front have been a 1 ???). The currency is in NT$. The original amount might be: 80000000.- (NT$) She input: 8000000000.- (NT$)
Maxwell Chen
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Thankfully commercial airliners have had a system to stop that happening since way back... not so much on the lighter aircraft I fly. Actually maybe they do, but ive never thought to try it out :D
Which failed on a turkish airline only yesterday. The lock is designed to keep the gear from folding (basically some metal bar of about 2 kg). They forgot to remove it and the pilots took some minutes trying to retract the gear until it finally failed and plummeted into the ground, only a few feet away from a porters cabin. Happened yesterday, near Stuttgart, Germany. Cheers, Sebastian -- Contra vim mortem non est medicamen in hortem.
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A Taiwan stock trader mistakenly bought $251 million worth of shares with a mis-stroke of her computer [^] :doh: Steve
Actually it happened 6/27 morning. This (Apple Daily Taiwan)[^], for those who are interested in the news reports in Chinese language.
Maxwell Chen
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Yes, imagine if the pilot chose to fold the wheels while the plane is still on the runway and it happens.... :~ Cheers, Vikram.
http://www.geocities.com/vpunathambekar "It's like hitting water with your fist. There's all sorts of motion and noise at impact, and no impression left whatsoever shortly thereafter." - gantww.
Vikram A Punathambekar wrote: Yes, imagine if the pilot chose to fold the wheels while the plane is still on the runway and it happens.... Exactly my point: if there's something you can be sure is that a human being will fail, and you need to make your software resilient. I see dead pixels Yes, even I am blogging now!
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Thankfully commercial airliners have had a system to stop that happening since way back... not so much on the lighter aircraft I fly. Actually maybe they do, but ive never thought to try it out :D
J4amieC wrote: Actually maybe they do, but ive never thought to try it out We know you didn't ever try it, because you're here, posting :) I see dead pixels Yes, even I am blogging now!
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Thankfully commercial airliners have had a system to stop that happening since way back... not so much on the lighter aircraft I fly. Actually maybe they do, but ive never thought to try it out :D
J4amieC wrote: Actually maybe they do, but ive never thought to try it out thats because this is a job for the testing department! if you do all of the fun stuff for them they will get all board and depressed, and we wouldn't want that :) zen is the art of being at one with the two'ness
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Which failed on a turkish airline only yesterday. The lock is designed to keep the gear from folding (basically some metal bar of about 2 kg). They forgot to remove it and the pilots took some minutes trying to retract the gear until it finally failed and plummeted into the ground, only a few feet away from a porters cabin. Happened yesterday, near Stuttgart, Germany. Cheers, Sebastian -- Contra vim mortem non est medicamen in hortem.
I was talking about a lock which stops the undercarriage retracting when their is a weighty load on it - maybe you were too. I cant find the story of the turkish airliner but it sounds to me as though there is more to it than you express, as simply not being able to retract the U/C would not (solely) cause an airliner to come down. There is an old saying in aviation that there is never one thing that causes an air disaster, it is ALWAYS a chain of events that lead to it. Maybe, whilst caught up in trying to retract the U/C the pilot failed to raise flaps, accidently lowered the airbrakes etc etc - but one thing is for sure, an airliner could fly with U/C down indefinately (albeit rather slowly to stave off structural damage)
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Vikram A Punathambekar wrote: Yes, imagine if the pilot chose to fold the wheels while the plane is still on the runway and it happens.... Exactly my point: if there's something you can be sure is that a human being will fail, and you need to make your software resilient. I see dead pixels Yes, even I am blogging now!
Daniel Turini wrote: if there's something you can be sure is that a human being will fail, and you need to make your software resilient. Programming today is a race between software engineers stirring to build bigger and better idiot-proof programs, and the universe trying to produce bigger and better idiots. So far, the universe is winning. :sigh: Cheers, Vikram.
http://www.geocities.com/vpunathambekar "It's like hitting water with your fist. There's all sorts of motion and noise at impact, and no impression left whatsoever shortly thereafter." - gantww.
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I was talking about a lock which stops the undercarriage retracting when their is a weighty load on it - maybe you were too. I cant find the story of the turkish airliner but it sounds to me as though there is more to it than you express, as simply not being able to retract the U/C would not (solely) cause an airliner to come down. There is an old saying in aviation that there is never one thing that causes an air disaster, it is ALWAYS a chain of events that lead to it. Maybe, whilst caught up in trying to retract the U/C the pilot failed to raise flaps, accidently lowered the airbrakes etc etc - but one thing is for sure, an airliner could fly with U/C down indefinately (albeit rather slowly to stave off structural damage)
It seems that I was a little bit "unclear" in my post ;) No airliner crashed. It was the lock that came down and almost killed a man ;) Cheers, Sebastian -- Contra vim mortem non est medicamen in hortem.
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Actually it happened 6/27 morning. This (Apple Daily Taiwan)[^], for those who are interested in the news reports in Chinese language.
Maxwell Chen
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As I understand she mistyped the amount. What I`m wondering is how big is the difference with the amount she was supposed to spend and the 251 million (was it zero(s) at the end? or should the 2 in the front have been a 1 ???). her company is looking at a paper loss of more than $12 million Does the 12 million dollar paper loss of the company mean she spend 12 million too much? Or perhaps they needed to spend 12 million dollar on paper to print out a receipt for each share bought :-D But still, if I had a newby in the company 'accidently' spending even 1 million too much, I think I`ld fire the person too...
Also fire the dipwad that authorized the software. Also, spend 12 million on better software while they are at it :|
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I see where all this is going. Confirmation boxes for the confirmation boxes that confirm that the above confirmation are confirmed to be confirmed. Someone get me some aspirin. :^)
We are going to need a MUCH larger roll of duct tape for this one :doh:
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Daniel Turini wrote: if there's something you can be sure is that a human being will fail, and you need to make your software resilient. Programming today is a race between software engineers stirring to build bigger and better idiot-proof programs, and the universe trying to produce bigger and better idiots. So far, the universe is winning. :sigh: Cheers, Vikram.
http://www.geocities.com/vpunathambekar "It's like hitting water with your fist. There's all sorts of motion and noise at impact, and no impression left whatsoever shortly thereafter." - gantww.
Vikram A Punathambekar wrote: Programming today is a race between software engineers stirring to build bigger and better idiot-proof programs, and the universe trying to produce bigger and better idiots. So true, so true. Would make up a good sig :) /matthias
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