sbjornda writes: Erroneous trades were made on some funds whose listings begin with the letters H through L. Goldman Sachs put four Senior Technology Specialists on administrative leave as a result. What does "administrative leave" accomplish in this case? Link to Original Source
sbjornda writes: "The project was months overdue, so they decided to cut back on testing the migrated data. The problem is, the organization is Statistics Canada, and data is their core business. The result: Messed-up calculations for 2010 economic growth indicators for many Canadian provinces. Saskatchewan was incorrectly reported as 1.4% growth; the revised calculations show 4.4%.
This goes back to the old saying: The data belongs to the organization, not to the application. Software comes and software goes, but this data will be used by researchers for decades. Get the priority straight — it's about the data, stupid!" Link to Original Source