From mboxrd@z Thu Jan 1 00:00:00 1970 X-Spam-Checker-Version: SpamAssassin 3.4.4 (2020-01-24) on polar.synack.me X-Spam-Level: X-Spam-Status: No, score=-1.0 required=5.0 tests=BAYES_00,FORGED_HOTMAIL_RCVD2, FREEMAIL_FROM autolearn=no autolearn_force=no version=3.4.4 X-Google-Thread: a07f3367d7,11e38e162c16b469 X-Google-Attributes: gida07f3367d7,public,usenet X-Google-NewGroupId: yes X-Google-Language: ENGLISH,UTF8 Received: by 10.66.83.74 with SMTP id o10mr300705pay.33.1344571513835; Thu, 09 Aug 2012 21:05:13 -0700 (PDT) Path: g9ni25738752pbo.0!nntp.google.com!npeer02.iad.highwinds-media.com!news.highwinds-media.com!feed-me.highwinds-media.com!border3.nntp.dca.giganews.com!border1.nntp.dca.giganews.com!border4.nntp.dca.giganews.com!border2.nntp.dca.giganews.com!novia!news-peer1!btnet!zen.net.uk!hamilton.zen.co.uk!xlned.com!feeder1.xlned.com!border2.nntp.ams.giganews.com!nntp.giganews.com!newsfeed20.multikabel.net!multikabel.net!newsfeed10.multikabel.net!feed.xsnews.nl!border-2.ams.xsnews.nl!news.panservice.it!goblin1!goblin.stu.neva.ru!postnews.google.com!glegroupsg2000goo.googlegroups.com!not-for-mail From: "F. Fabien" Newsgroups: comp.lang.ada Subject: Re: A new name for software failure : the glitch Date: Sat, 4 Aug 2012 14:38:35 -0700 (PDT) Organization: http://groups.google.com Message-ID: References: <2bd4ae1c-c8c7-4553-9f7f-9b6915b30c33@googlegroups.com> <87cbd479-ccb4-4253-9afd-187a1469353b@googlegroups.com> NNTP-Posting-Host: 109.190.25.159 Mime-Version: 1.0 X-Trace: posting.google.com 1344116409 15461 127.0.0.1 (4 Aug 2012 21:40:09 GMT) X-Complaints-To: groups-abuse@google.com NNTP-Posting-Date: Sat, 4 Aug 2012 21:40:09 +0000 (UTC) In-Reply-To: <87cbd479-ccb4-4253-9afd-187a1469353b@googlegroups.com> Complaints-To: groups-abuse@google.com Injection-Info: glegroupsg2000goo.googlegroups.com; posting-host=109.190.25.159; posting-account=DAe9nQkAAAB9gkplHzkiZyyp2GkJ0X9B User-Agent: G2/1.0 X-Original-Bytes: 2226 X-Received-Bytes: 2415 Content-Type: text/plain; charset=UTF-8 Content-Transfer-Encoding: quoted-printable Date: 2012-08-04T14:38:35-07:00 List-Id: Le samedi 4 ao=C3=BBt 2012 21:58:01 UTC+2, Maciej Sobczak a =C3=A9crit=C2= =A0: > W dniu sobota, 4 sierpnia 2012 20:18:21 UTC+2 u=C5=BCytkownik (Nieznane) = napisa=C5=82: > Interestingly, this can also mean that there is something fundamentally b= roken with the way we do "finance" today.=20 Finance can and has gone mad many times in history. The first and most famo= us example is Tulip mania http://en.wikipedia.org/wiki/Tulip_mania > (Now ducking away to write my trading algos in Ada. ;-) ) >=20 The point is to know whether the software had a bad decision logic (a.k.a a= lgorithm) or a good decision logic with faulty implementation. In the second case, there is a market for sound software engineering (Ada) in the finance sector. But since banking is much more secretive than engineering, I doubt informat= ions will be publicly available on this failure.