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Nasdaq said that for trades to qualify for compensation, they had to be placed at certain price levels, be executed incorrectly or encounter other errors defined by Nasdaq.
WSJ: Nasdaq CEO Offers Facebook Apology
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Dr Hill had predicted this outcome, thanks to error-management theory the idea that when people (or, indeed, other animals) make errors of judgment, they tend to make the error that is least costly.
ECONOMIST: Flirting
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Retain an independent firm to conduct a review of residential foreclosure actions that were pending at any time from January 1, 2009, through December 31, 2010, to determine any financial injury to borrowers caused by errors, misrepresentations, or other deficiencies identified in the review, and to remediate, as appropriate, those deficiencies.
FORBES: Mortgage Lenders Get A Slap On The Wrist
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Whether incorporated or not, if you're an architect, engineer or one of dozens of other professionals, you really should buy errors and omissions insurance.
FORBES: Self-Employment
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Either that, or a lot of errors are happening between the order-taker and other employees who fill the order.
FORBES: Rude Employees and Order Errors: Worst Fast-Food Chains for Drive-Through Service
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Auditors of those banks missed or looked the other way at the serious control weaknesses that allowed chronic operational errors that broke laws.
FORBES: JPMorgan Chase Still Haunted By Foreclosure Reviews, And More
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In other words, these aren't isolated incidents or cases of mistaken identity or simple errors.
CENTERFORSECURITYPOLICY: Obama, zakat and Islamic charities