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There's really not much detail about the technology behind the scam in this article. Summary: intentionally proprietary and out-of-date software, oversized and
by jbyers 17y ago
There's really not much detail about the technology behind the scam in this article.
Summary: intentionally proprietary and out-of-date software, oversized and chaotic IT/IS department, AS/400, two disconnected trading systems, AS/400, lots of printing, AS/400, fake split/strike trades managed in Excel, AS/400, anyone who looked into the details would have smelled a rat, enough paper evidence to tax even the substantial computing capacity of a mighty AS/400.
- gaius 17y agoEven shorter summary: The AS/400 was created for good, but has been turned to evil.