A few weeks ago, UBS employee Kweku Adoboli (universally described as a "rogue trader") ran up a $2 billion loss for his employer; many readers wondered how it is the systems which allow trades to happen at all aren't better tuned to catch such massive cash flows without triggering alerts. Now, reader DMandPenfold submits a report from Computerworld UK in which the bank claims that such triggers were in place — they were simply not acted on. From the article: "UBS has insisted its IT systems did detect unusual and unauthorised trading activity, Interim chief executive Sergio Ermotti, who is running the company following Oswald Grubel's resignation last month, sent a memo to employees saying the bank is aware that its systems did detect the rogue activity. In the memo, Ermotti wrote: 'Our internal investigation indicates that risk and operational systems did detect unauthorised or unexplained activity but this was not sufficiently investigated nor was appropriate action taken to ensure existing controls were enforced.'"

Today, Microsoft launched the New Xbox Experience for Xbox Live. The list of new features includes the streaming of TV shows and movies through Netflix, the ability to install games to the HDD, an avatar system, and the Community Games platform. The launch itself was shaky at first, but most issues have been smoothed out. Sony-owned Columbia Pictures immediately pulled their movie selection, though it may return when a licensing deal gets worked out. Halo 3 developer Bungie pointed out that not all games will run faster when installed to a HDD because of the way the games already interact with the drive.

Yesterday we discussed the war and how foreign policy will matter in your decision next Tuesday. Today our series of election discussion pieces continues with Health Care. With an obesity epidemic, a failing economy, and ballooning health care costs, which candidate has the best answers to making sure that Americans are able to stay healthy without America being bankrupted in the process?