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The Hazards of Recommending

Think twice before you agree to recommend someone on LinkedIn. They may be a logic bomber. You may have already read about the fired Fannie Mae sysadmin who allegedly placed a virus in the mortgage giant’s software. The virus was a bad one: it was set to execute at 9 a.m. Jan. 31, first disabling Fannie Mae’s computer monitoring system and then cutting all access to the company’s 4,000 servers, Nye wrote. Anyone trying to log in would receive a message saying “Server Graveyard.” From there, the virus would wipe out all Fannie Mae data, replacing it with zeros, Nye wrote. Finally, the virus wouldContinue readingThe Hazards of Recommending

The Financial Crisis in Charts

Thought I’d offer a brief history of the financial crisis as seen through Google Insights, which measures the popularity of a search term over time. Interest in the word subprime spiked a couple of times in 2007 (above) before we figured out it was all about toxic debts (below): and credit crunches: Then we realised suddenly we had to learn a bit more about Freddie Mac and Fannie Mae: and even basic terms like liquidity: Useful information. And it wasn’t just an economics lesson. We had to gen up on countries that we had recently given little attention to, like Iceland: Although it’s worth keepingContinue readingThe Financial Crisis in Charts

The Financial Crisis in Charts

Thought I’d offer a brief history of the financial crisis as seen through Google Insights, which measures the popularity of a search term over time. Interest in the word subprime spiked a couple of times in 2007 (above) before we figured out it was all about toxic debts (below): and credit crunches: Then we realised suddenly we had to learn a bit more about Freddie Mac and Fannie Mae: and even basic terms like liquidity: Useful information. And it wasn’t just an economics lesson. We had to gen up on countries that we had recently given little attention to, like Iceland: Although it’s worth keepingContinue readingThe Financial Crisis in Charts

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