Archive for October, 2008

Excel Error Causes Barclays to Overpurchase Lehman Assets

Excel Error Causes Barclays to Overpurchase Lehman Assets
In another example of Excel errors in the news, hidden rows left unexamined in a spreadsheet have caused a significant problem for Barclays:
A reformatting error in an Excel spreadsheet has cropped up in the largest bankruptcy case in U.S. history, prompting a legal motion by Barclays Capital Inc. [...]

Posted by vega on October 15th, 2008 in Industry News with No Responses