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| Path | csiph.com!eternal-september.org!feeder.eternal-september.org!mx02.eternal-september.org!.POSTED!not-for-mail |
|---|---|
| From | Anne & Lynn Wheeler <lynn@garlic.com> |
| Newsgroups | alt.folklore.computers |
| Subject | Re: Windows 10 forceful update? |
| Date | Mon, 22 Feb 2016 12:40:38 -0800 |
| Organization | Wheeler&Wheeler |
| Lines | 78 |
| Message-ID | <87d1robhrt.fsf@garlic.com> (permalink) |
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hancock4@bbs.cpcn.com writes: > I think I mentioned that back in the 1980s Arthur Andersen & Co. (of > Enron fame) was hired by my employer at the time to rewrite a major > system. They introduced a 'productivity' framework, "Programmers > Workbench". Supposedly it sped up coding and made junior programmers > right out of school productive. But it introduced a lot of overhead > and they had to get a more powerful mainframe to handle the load. Also, > later on they discovered it wasn't Y2K compatible, and also had some > problems with newer releases of IMS. In the end, it all had to be scrapped > and a huge bunch of programs rewritten. > > When AA collapsed after Enron, it was a shame that a lot of good people > lost their jobs. But it was hard to feel sorry for AA&Co as they were > extremely arrogant and difficult to deal with. Management was convinced > they were gods and whatever they said was gospel, even if they were flat > out wrong. Talented staff members with long experience were ignored > when they pointed out potential problems, and they turned out to be right. AA had two parts, auditing and consulting. Long ago and far away, we were brought into consultants to small client/server startup that wanted to do payment transactions on their server, they had also invented this technology called "SSL" they wanted to use, the result is now frequently referred to as "electronic commerce". The bldg next door was a warehouse and the small client/server startup had put in cubicles full of AA (consulting) programmers. Turn of the century, rhetoric in congress was that Sarbanes-Oxley would prevent future ENRONs and guarentee that executives (and auditors) did jailtime ... however it required SEC to do something. Joke at the time was Sarbanes-Oxley with its increased audit requirements was really a gift to the audit indusry ... nothing would actually change. Possibly because even GAO didn't believe that SEC was doing anything, it starts doing reports of public company fraudulent financial filings, even showing the reporting fraud increased after Sarbanes-Oxley goes into effect. ENRON posts http://www.garlic.com/~lynn/submisc.html#enron Sarbanes-Oxley posts http://www.garlic.com/~lynn/submisc.html#sarbanes-oxley Fraudulent Financial Filing post http://www.garlic.com/~lynn/submisc.html#financial.reporting.fraud #2 on times list of those responsible for the financial mess http://content.time.com/time/specials/packages/article/0,28804,1877351_1877350_1877330,00.html GLBA that includes repeal of glass-steagall, posts http://www.garlic.com/~lynn/submisc.html#Pecora&/orGlass-Steagal However, when the chair of CFTC suggests regulating CDSes (heavily used by ENRON), the chair is quickly replaced by Gramm's wife, until Gramm can get legislation passed that prevents regulation of CDSes, then his wife resigns and joins the ENRON board and audit committee (characterized as gift to ENRON). Later of course, the sellers of triple-A rated (that were paid for even when rating agencies knew they weren't worth triple-A) CDOs go from not carrying about loan quality and borrower's qualifications to doing triple-A rated CDOs designed to fail, pay for triple-A, sell to their victims, and then take out CDS gambling bets that they would fail http://www.garlic.com/~lynn/submisc.html#toxic.cdo Turns out that Sarbanes-Oxley also calls for SEC to do something about rating agencies, but SEC did about as much about rating agencies as they did about the public company fraudulent financial filings. The largest holder of the CDS gambling bets was AIG and is negotiating to pay off at 50cents on the dollar when the secretary of treasury steps in and says that they have to sign a document that they can't sue those making the gambling bets and forced to take TARP funds to pay off the CDS gambling bets at face value. The largest recipient of TARP funds is AIG and the largest recipient of face value payoffs is the firm formally headed by the secretary of treasury. -- virtualization experience starting Jan1968, online at home since Mar1970
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Windows 10 forceful update? "gareth" <no.spam@thank.you.invalid> - 2016-02-18 11:25 +0000
Re: Windows 10 forceful update? Stephen Wolstenholme <steve@easynn.com> - 2016-02-18 11:52 +0000
Re: Windows 10 forceful update? "gareth" <no.spam@thank.you.invalid> - 2016-02-18 12:16 +0000
Re: Windows 10 forceful update? JimP <solosam90@gmail.com> - 2016-02-18 10:27 -0600
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Re: Windows 10 forceful update? "hgww" <hgww@gmail.com> - 2016-02-19 05:42 +1100
Re: Windows 10 forceful update? Ahem A Rivet's Shot <steveo@eircom.net> - 2016-02-18 11:31 +0000
Re: Windows 10 forceful update? Bob Eager <news0006@eager.cx> - 2016-02-18 12:01 +0000
Re: Windows 10 forceful update? Ahem A Rivet's Shot <steveo@eircom.net> - 2016-02-18 16:04 +0000
Re: Windows 10 forceful update? "J. Clarke" <j.clarke.873638@gmail.com> - 2016-02-18 18:02 -0500
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Re: Windows 10 forceful update? Morten Reistad <first@last.name.invalid> - 2016-02-18 16:43 +0100
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Re: Windows 10 forceful update? Morten Reistad <first@last.name.invalid> - 2016-02-18 21:49 +0100
Re: Windows 10 forceful update? Dan Espen <despen@verizon.net> - 2016-02-18 19:53 -0500
Re: Windows 10 forceful update? Morten Reistad <first@last.name.invalid> - 2016-02-19 10:27 +0100
Re: Windows 10 forceful update? Peter Flass <peter_flass@yahoo.com> - 2016-02-18 09:08 -0700
Re: Windows 10 forceful update? Jon Elson <elson@pico-systems.com> - 2016-02-18 11:50 -0600
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Re: Windows 10 forceful update? Huge <Huge@nowhere.much.invalid> - 2016-02-19 14:04 +0000
Re: Windows 10 forceful update? Melzzzzz <mel@zzzzz.com> - 2016-02-19 15:32 +0100
Re: Windows 10 forceful update? Dan Espen <despen@verizon.net> - 2016-02-19 10:19 -0500
Re: Windows 10 forceful update? Ahem A Rivet's Shot <steveo@eircom.net> - 2016-02-19 17:40 +0000
Re: Windows 10 forceful update? Melzzzzz <mel@zzzzz.com> - 2016-02-19 19:01 +0100
Re: Windows 10 forceful update? Anne & Lynn Wheeler <lynn@garlic.com> - 2016-02-19 11:30 -0800
Re: Windows 10 forceful update? Ahem A Rivet's Shot <steveo@eircom.net> - 2016-02-19 14:57 +0000
Re: Windows 10 forceful update? Stephen Wolstenholme <steve@easynn.com> - 2016-02-19 15:51 +0000
Re: Windows 10 forceful update? Melzzzzz <mel@zzzzz.com> - 2016-02-19 18:42 +0100
Re: Windows 10 forceful update? Stephen Sprunk <stephen@sprunk.org> - 2016-02-19 13:56 -0600
Re: Windows 10 forceful update? Melzzzzz <mel@zzzzz.com> - 2016-02-19 23:57 +0100
Re: Windows 10 forceful update? Quadibloc <jsavard@ecn.ab.ca> - 2016-02-19 15:17 -0800
Re: Windows 10 forceful update? Dan Espen <despen@verizon.net> - 2016-02-19 18:27 -0500
Re: Windows 10 forceful update? Melzzzzz <mel@zzzzz.com> - 2016-02-20 00:38 +0100
Re: Windows 10 forceful update? "Osmium" <r124c4u102@comcast.net> - 2016-02-19 19:41 -0600
Re: Windows 10 forceful update? "hgww" <hgww@gmail.com> - 2016-02-20 14:46 +1100
Re: Windows 10 forceful update? jmfbahciv <See.above@aol.com> - 2016-02-20 15:18 +0000
Re: Windows 10 forceful update? "hgww" <hgww@gmail.com> - 2016-02-21 03:32 +1100
Re: Windows 10 forceful update? Morten Reistad <first@last.name.invalid> - 2016-02-20 19:38 +0100
Re: Windows 10 forceful update? "hgww" <hgww@gmail.com> - 2016-02-21 06:04 +1100
Re: Windows 10 forceful update? "hgww" <hgww@gmail.com> - 2016-02-20 14:29 +1100
Re: Windows 10 forceful update? Ahem A Rivet's Shot <steveo@eircom.net> - 2016-02-20 06:35 +0000
Re: Windows 10 forceful update? Walter Bushell <proto@panix.com> - 2016-02-20 13:54 -0500
Re: Windows 10 forceful update? Quadibloc <jsavard@ecn.ab.ca> - 2016-02-20 20:51 -0800
Re: Windows 10 forceful update? Huge <Huge@nowhere.much.invalid> - 2016-02-21 13:43 +0000
Re: Windows 10 forceful update? Huge <Huge@nowhere.much.invalid> - 2016-02-20 09:59 +0000
Re: Windows 10 forceful update? Bob Martin <bob.martin@excite.com> - 2016-02-21 07:46 +0000
Re: Windows 10 forceful update? Huge <Huge@nowhere.much.invalid> - 2016-02-21 13:42 +0000
Re: Windows 10 forceful update? Bob Martin <bob.martin@excite.com> - 2016-02-22 07:12 +0000
Re: Windows 10 forceful update? Huge <Huge@nowhere.much.invalid> - 2016-02-22 14:27 +0000
Re: Windows 10 forceful update? Morten Reistad <first@last.name.invalid> - 2016-02-21 16:43 +0100
Re: Windows 10 forceful update? Anne & Lynn Wheeler <lynn@garlic.com> - 2016-02-21 11:52 -0800
Re: Windows 10 forceful update? hancock4@bbs.cpcn.com - 2016-02-22 11:34 -0800
Re: Windows 10 forceful update? Anne & Lynn Wheeler <lynn@garlic.com> - 2016-02-22 12:40 -0800
Re: Windows 10 forceful update? "hgww" <hgww@gmail.com> - 2016-02-19 05:47 +1100
Re: Windows 10 forceful update? Quadibloc <jsavard@ecn.ab.ca> - 2016-02-18 16:20 -0800
Re: Windows 10 forceful update? "hgww" <hgww@gmail.com> - 2016-02-19 13:35 +1100
Re: Windows 10 forceful update? Quadibloc <jsavard@ecn.ab.ca> - 2016-02-18 20:43 -0800
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Re: Windows 10 forceful update? "hgww" <hgww@gmail.com> - 2016-02-20 04:28 +1100
Re: Windows 10 forceful update? Morten Reistad <first@last.name.invalid> - 2016-02-19 10:17 +0100
Re: Windows 10 forceful update? Jan van den Broek <fortytwo@xs4all.nl> - 2016-02-19 10:06 +0100
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