Just to get technical here, you think the US bond credit rating is based on whether a cron job runs in time? And your fear is they will break the cron and won’t be able to fix the script?
But for all I know, it could be manual. Perhaps Bob runs a COBOL script each morning to pull a list of recipients, which Sally double checks for the various quirks that this old legacy system can produce, before giving it to Jim to run the payment script - with specific parameters for known edge cases - and if there is an error then Jenny from IT knows what to do. Only problem is that Bob, Sally, Jim and Jenny just got fired, the department was ordered to delete their documentation, and the responsibility now lies with some 19 year old with no background in either Finance or COBOL who just showed up on his first day thinking "how hard can it be?"
- computers have outages, so I imagine they run them earlier than legally required and have procedure to detect and fix failure
- computers have outages so I imagine there are legal procedures for handling issues with bond payments
- if they break treasury payments trump will tell them to fuck off
- this whole situation is a larp because you associated “treasury” and “bonds” in your mind and imagined that this risk exists
randerson|1 year ago
But for all I know, it could be manual. Perhaps Bob runs a COBOL script each morning to pull a list of recipients, which Sally double checks for the various quirks that this old legacy system can produce, before giving it to Jim to run the payment script - with specific parameters for known edge cases - and if there is an error then Jenny from IT knows what to do. Only problem is that Bob, Sally, Jim and Jenny just got fired, the department was ordered to delete their documentation, and the responsibility now lies with some 19 year old with no background in either Finance or COBOL who just showed up on his first day thinking "how hard can it be?"
drawkward|1 year ago
liontwist|1 year ago