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haha, but of course you mean ctrl+F9 -- you probably edited multiple files... I completely agree with the parent and grandparent posts! I worked with one of th
by InternetPerson 10y ago
haha, but of course you mean ctrl+F9 -- you probably edited multiple files...
I completely agree with the parent and grandparent posts! I worked with one of the SecDB clones for three years at a Too Big To Fail bank, and it was criminally bad (imho). It's snake oil.
- Maven911 10y agoSorry for being dense, but can you expand: Why was it snake oil ?
- InternetPerson 10y agoI agree with jnordwick that "Quartz and Athena are both failed projects." For example, Mike Dubno, Kirat Singh, and three other managing directors on the Quartz project are all gone [1]. I agree with the grandparent post that "Goldman's position in the crash truly had nothing at all to do with superior risk management systems and was a mixture of political favors and luck" The snake oil in this case is what p4wnc6 (who's spot on) highlighted: "The team within Goldman that had architected and developed this years ago had spun out into a consulting group that essentially reimplemented the same thing" [at other banks]. The product that they sold (a SecDB clone) is pure snake oil, and the projects (which were massively expensive) delivered very little value. Consider: If SecDB really lives up to the hype, then why would Goldman let all these other banks steal Goldman developers and straight-up copy it? [1] http://news.efinancialcareers.com/us-en/253040/three-bank-of-america-merrill-lynch-technology-managing-directors-have-departed/ http://news.efinancialcareers.com/us-en/253040/three-bank-of...