Leebra asklemmy
login register

What are some notable blunders in history that resulted in huge loss?

3 years ago by Bady to c/asklemmy

save

share

report

Loss in terms of money or efforts. Could be recent or ancient.

load all comments
Mpolmanteer 78 points 3 years ago

Knight Capital - They were biggest equities trader in 2012. They manually deployed code and didn't get configuration right and it reactivated "Powder Peg". They lost $460 M in 45 minutes and went bankrupt.

save

path: 0 2056864, hotness: undefined, score: 78, children: 5
bady 15 points 3 years ago

Thanks for sharing. This is exactly the kind of blunder I had in my mind when asking the question, a seemingly silly mistake like forgetting to do something causing way too much trouble!

save

path: 0 2056864 2060976, hotness: undefined, score: 15, children: 1
Mpolmanteer 3 points 3 years ago

It's actually a good case for why you needed devops and an automated build/release

save

path: 0 2056864 2060976 2098508, hotness: undefined, score: 3, children: 0
asklemmy
asklemmy

@lemmy.ml

login for more options
55310
8657
3060

A loosely moderated place to ask open-ended questions

Search asklemmy �*

If your post meets the following criteria, it's welcome here!

  1. Open-ended question
  2. Not offensive: at this point, we do not have the bandwidth to moderate overtly political discussions. Assume best intent and be excellent to each other.
  3. Not regarding using or support for Lemmy: context, see the list of support communities and tools for finding communities below
  4. Not ad nauseam inducing: please make sure it is a question that would be new to most members
  5. An actual topic of discussion

Looking for support?

Looking for a community?

Icon by @Double_A@discuss.tchncs.de

go to feed...