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What are some notable blunders in history that resulted in huge loss? (lemmy.ml)

submitted 11 months ago by [email protected] to c/[email protected]

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

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[–] [email protected] 63 points 11 months ago (2 children)

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.

[–] [email protected] 12 points 11 months ago (1 children)

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!

[–] [email protected] 3 points 11 months ago

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

[–] [email protected] 3 points 11 months ago

Talk about a Nanosecond Buyout!