Morphex's blogologue (Life, technology, music, politics, business, mental health and more)

This is the blog of Morten W. Petersen, aka. morphex in various places. I blog about my life, and what I find interesting and/or important. This is a personal blog without any editor or a lot of oversight so treat it as such. :)

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A terrable mistake

The last week a news story has been rolling on TV2 Nyhetskanalen (dedicated news channel here in Norway), about some communities in northern Norway which invested many millions of dollars in a "clever" package sold by Terra Securities (and created by Citibank).

It's human to make mistakes, but you would think that when there's that much money involved, you'd check, double-check and triple-check everything.

Oh well.

More about it here:

http://www.msnbc.msn.com/id/21942563/


[Permalink] [By morphex] [Business (Atom feed)] [24 Nov 22:07 Europe/Oslo]