There are outages and then there are outages. The financial industry as a whole is pretty good at disaster recovery planning. Look at 9/11: Wall street was back on line within a week, and no financial data was lost in the disaster. But inevitably there will be problems they didn't properly plan for. The blackout of 2003 was disruptive not so much because banks lost power, but because the telecommunications infrastructure was knocked off line. It's not really the banks' job to make sure the phones work.
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Today's Featured Article - A Belt Pulley? Really Doing Something? - by Chris Pratt. Belt Pulleys! Most of us conjure up a picture of a massive thresher with a wide belt lazily arching to a tractor 35 feet away throwing a cloud of dust, straw and grain, and while nostalgic, not too practical a method of using our tractors. While this may have been the bread and butter of the belt work in the past (since this is what made the money on many farms), the smaller tasks may have been and still can be its real claim to fame. The thresher would bring in the harvest (and income) once a y
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