GM's backing "gave us a lot of headroom, "but EDS became too dependent on it and failed to throttle costs and measure executive performance, he says.

FORBES: A shock to the system

But the IMF admitted it, too, failed to see the problems that lay ahead for a country which - till the meltdown - was often seen as an exemplar of IMF-mandated economic reform.

BBC: NEWS | Business | IMF owns up to Argentina errors

GM's backing "gave us a lot of headroom, "but EDS became much too dependent on it and failed to throttle costs and measure executive performance, he says.

FORBES: A shock to the system

Last year, I vowed that I would set aside time to start working on it, but I failed to follow through, too often allowing myself to get distracted by other obligations, both large and small.

WSJ: Making New Year's Resolutions Stick

But it is the job of the board, and it, too, has failed to define Oracle After Larry.

FORBES: Magazine Article

Second, what UBS has provided is useful detail about the mechanics of the transactions - and why it failed to identify them till it was too late to avoid a colossal loss - but important questions remain unanswered.

BBC: The how but not why of UBS's losing bets