PAP Screws Up SGX After MRT Fiasco. SGX Opens at 12 Noon on 3 Dec

Re: SGX CEO's stupid statement on software breakdown

It's all Sinkies' fault, if everybody login at the same time, the system also cannot handle it. Sounds familiar from a JO-ker? :D

True, true, especially when we should not be expecting things to run well all of the time. What a JO-ker.
 
Re: SGX CEO's stupid statement on software breakdown

The CEO said the SGX will take all responsibility for the glitch.
What an idiotic statement from a highly paid CEO of a listed company.
If not SGX, who will take responsibility?
The broking houses? The remisiers? The retail clients?

pinkie should take responsibility since he was employed by pinkie

pinkie resign and case close.
 
Re: SGX CEO's stupid statement on software breakdown

The CEO said the SGX will take all responsibility for the glitch.
What an idiotic statement from a highly paid CEO of a listed company.
If not SGX, who will take responsibility?
The broking houses? The remisiers? The retail clients?
He is hinting that it is the fault of the software supplier, not his. However, he thinks that he is being gentleman by accepting responsibility. That is the sick mentality of the top when they outsource. They think that they have transferred all obligations to the sub contractor. However, they have forgotten about damage to reputation and that although they may be able to recover any monetary losses due to law suit, it is in everybody's mind that they are stupid to engage such a contractor for such a critical task with no proper safe guards in place.
 
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