[SeanDav]

This is an extreme example of what what can happen when what should be a software company thinks it is some other sort of company. I am sure they thought they were a trading company and software development was the necessary evil required to get things done.

Well 400 million odd dollars in the red later I doubt they still feel that.

I do feel sorry for them and they probably didn't deserve this huge loss. Hopefully valuable lessons can be learned.