The Coder Behind the Mortgage Meltdown 379
axjms writes "New York Magazine has a confessional/abdication from the man who wrote the software that turns mortgages into bonds and those nasty little things called CMOs. An interesting first-person account from a coder whose work reached far beyond what he or anyone could have anticipated."
bomb? (Score:5, Funny)
Joe Public: What happen ?
Coder: Somebody set up us the bomb.
Operator: We get signal.
Joe Public: What !
Operator: Main screen turn on.
Joe Public: It's you !!
Wall Street Fat Cat: How are you gentlemen !!
Wall Street Fat Cat: All your base are belong to us.
Re:This topic is too hot to handle. (Score:5, Funny)
We've been Osinski'd....
Re:bomb? (Score:3, Funny)
Missing a "Where's the beef" joke here.
Re:Red? (Score:3, Funny)
Until you de-redified it. Thanks.
Fixed that for you
Sorry guys, it was me.... (Score:3, Funny)
....I started world war II, even though I wasn't born yet. World war I. Me again. I messed up the decimal point. I hate that. I always do that. Oh and that devasting flu epedemic that killed more people than the war. me again. The rise of aids. I'm afraid that was my friend Jim. Excuse me please I have to go take my little red pills.
Re:This topic is too hot to handle. (Score:5, Funny)
Re:Sorry guys, it was me.... (Score:3, Funny)
Re:bomb? (Score:4, Funny)
Joe Public: Oh, God, not again.
Re:Sorry guys, it was me.... (Score:3, Funny)
Re:Red? (Score:1, Funny)
It is to alert the First Posters to get ready.
Re:Red? (Score:5, Funny)
'The red means that it's "in the future" and being seen by a subscriber. For some reason they've been showing up for a few seconds to normal users too.'
That gives me a great idea! Why not devise some sort of complex financial instrument that nobody understands, which effectively bets the entire economy on the future colour of Slashdot articles? It would be no sillier than what happened over the last decade, and pretty easy to implement if we can come up with a single neat formula that seems to give correct predictions if you don't look too hard. Speaking of which, I thought we were still blaming this guy:
http://www.wired.com/techbiz/it/magazine/17-03/wp_quant?currentPage=all [wired.com]
Re:Red? (Score:4, Funny)
Ah, Slashdot: where not even your made-up, bullshit words are safe from the grammar Nazis.
Blame IT (Score:1, Funny)
Yeah right. They always blame IT.
Re:This topic is too hot to handle. (Score:3, Funny)
All you missed were the explosions.
Re:If was the Li's formula (Score:3, Funny)
Re:This topic is too hot to handle. (Score:4, Funny)
Living in an apartment with only enough space for your needs?!? Why do you hate America?