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Comment Re:And the web site was already slow this morning. (Score 1) 433

Was this rule change a bad thing? Most definitely. But the problems already existed prior to the rule change, because the larger problem of the bad accounting existed before the rule change as well.

I've read a few other people claiming that the whole mark-to-model system was broken, because the models were providing completely unrealistic valuations of the assets they tracked. Your previous comment before this one seemed to suggest that mark-to-model has its place in the world of investing, and that it has been inappropriately demonized. If you have the time, can you provide your thoughts on the claims that mark-to-model valuations have a risk of being wildly inaccurate, and whether that risk is overblown.

The Rise and Fall of Corba 304

ChelleChelle writes "Chief scientist of ZeroC, Michi Henning, has an interesting look at the story behind CORBA a once-promising distributed computing technology. Henning provides more than a brief history, in addition to several reasons pinpointing why CORBA fell short, focusing specifically on the OMG's technology adoption process itself. Most interesting is the final discussion on what we can learn from CORBA's decline, particularly in reference to web services."

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