General Chaos

Today's sign of the coming apocalypse: DarwiN 64

The Register reports a woman in New Orleans is trying to sue Nintendo for the death of her 30 year old son. He died while having a seizure. hitting his head on a table.

The guy was 30. He started having seizures just after he got the N64 in 1999, but he kept playing it up to eight hours a day, six days a week.

He played the thing like a full-time job, and she's suing for “lost wages”. That would be $0, in my estimation.

It is for people like this that there are warning labels on these things.

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General Chaos

Bunnies will be bunnies

Here's a sentence I never thought I'd see in the Wall St. Journal, from a front-page story on “bunny jumping”: “Sonny, her prize-winning Fuzzy Lop rabbit, was more intent on trying to mate with her hand than jumping a hurdle.”

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Administrivia, General Chaos

Unsupportable vendor claim of the day: CRM apps might have prevented terror attacks

This Computerword article reports that Tom Seibel told a congressional hearing that CRM software could have helped the government detect the Sept. 11 terrorists before they struck. no word on whether he plans to use that in his ad campaign.

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Administrivia, General Chaos

penny wise, pound foolish?

According to this report from Derivatives Week, the guy who lost Allfirst $690 million tried to buy better risk management software over a year ago, but got vetoed by his bosses because of budgetary issues. Is this reflective of a guy trying to perpetrate a fraud? Or did he want this software because he thought he could fool it better than the old package the 25-year old risk analyst who was watching over him was using?

One thing seems obvious–Allfirst didn't put a lot of software in place that could have prevented the disaster because (1) they only had 2 people trading currency, who theoretically had a limit of $2.25 million in total trading exposure, and (2) they were cheap bastards who wanted to maximize their return to AIB, the corporate parents (and, consequently, their bonus checks).

One banking expert told me “Their management was so conservative; I'm really surprised this happened.” But it's because they were so conservative — and reluctant to change how the bank did business despite the desire to use foreign exchange hedging to push up their revenue line–that all this happened.

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