Coding with Excel might actually contribute to a banking system collapse http://www.businessinsider.com/excel-partly-to-blame-for-trading-loss-2013-2?op=1 http:

Coding with Excel might actually contribute to a banking system collapse http://www.businessinsider.com/excel-partly-to-blame-for-trading-loss-2013-2?op=1 http://www.businessinsider.com/excel-partly-to-blame-for-tra.... At my firm, we are continuously in the process of formalizing excel sheets into auditable applications that don't give enough degrees of freedom to allow our investors to shoot themselves in the foot.