Tag: software liability

21 May 2008

Moody’s AAA Ratings the Result of Software Problems, Then Model Tweaking

I saw this in my FT feed:
Moody’s awarded incorrect triple-A ratings to billions of dollars worth of a type of complex debt product due to a bug in its computer models, a Financial Times investigation has discovered.
Internal Moody’s documents seen by the FT show that some senior staff within the credit agency knew early in [...]

23 Dec 2007

Jon Stokes on E-Voting Report

I haven’t written much about e-voting initiatives, and there is too much to be written in a single space. But a few quick thoughts before passing you on to the well-versed Stokes. Avoiding the technical issues of which I am not capable of commenting on intelligently, the economic issues in these devices and processes are [...]