• Aceticon@lemmy.world
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    3 years ago

    Over a decade ago I worked as a freelancer for an Investment Bank (the largest one that went bankrupt in the 2008 Crash, which was a few years later) were the head of the Proprietary Trading Desk (the team of Traders who invest for the profit of the bank) asked me if I could change the software so that they could see the investments of the Client Trading Desk (who invest for clients with client money) was making, with the assent of the latter team.

    Now if the guys investing money for the bank know what they guys investing customer money are doing they can do things like Front-Run the customer trades (or serve them at exactly the right price to barelly beat the competiotion) thus making more profits for the bank and hence get bigger bonuses. This is why Financial regulations say that there is supposed to be so-called Chinese Walls between the proprietary trading and the customer trading activities: they’re supposed to be segregated and not visible to each other.

    Note that the heads of both teams were mates and already regularly had chats, so they might already have been exchanging this info informally.

    I was quite fresh in there (less than 1 year) and the software system I worked in at the time was used by both teams, but when I started looking into it I saw that the separation was very explicitly coded in software and that got me thinking about what I had learned from the mandatory compliance training I had done when I first joined (so, yeah, that stuff is not totally useless!!!)

    So I asked for written confirmation from the heads of both teams, and just got some vague response e-mails, no clear “do such and such”.

    So I played the fool and took it to a seperate team called Compliance (responsible for compliance with financial regulations) saying I just wanted to make sure it was all prim and proper, “just in case”.

    Of course, it kinda blew up (locally) and I ended up called to a meeting with the heads of the Prop Desk and whatnot - all stern looks and barelly contained angry tones - were I kept playing the fool.

    Ultimatelly it ended up not being a problem for me at all, to the point that after that bank went bust and its component parts were sold to another bank, the technical team manager asked me to come back to work with the same IT group (remember, I was a freelancer) with even greater responsabilities, so this didn’t exactly damage my career.

    That said, over the years there were various cases of IT guys in large investment banks who went along with “innocent” requests from the Traders and ended up as the fall-guys for subsequent breaking of Finance Regulations, serving jail time, so had I gone along with that request I would’ve actually risked ending up in jail.

    (Financial Regulators were and are a complete total joke when it comes to large banks, which actually makes it more likely that some poor techie guy will be made the fall guy to protected the bank and its heads).

    • Wats0ns@sh.itjust.works
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      3 years ago

      This is your friendly reminder that the only person who went to jail for the diesel gate is the software developer who implemented the test-cheating practice. Not the managers, the directors who asked for it or anybody else

  • rtxn@lemmy.world
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    3 years ago

    Our business-critical internal software suite was written in Pascal as a temporary solution and has been unmaintained for almost 20 years. It transmits cleartext usernames and passwords as the URI components of GET requests. They also use a single decade-old Excel file to store vital statistics. A key part of the workflow involves an Excel file with a macro that processes an HTML document from the clipboard.

    I offered them a better solution, which was rejected because the downtime and the minimal training would be more costly than working around the current issues.

    • Tar_alcaran@lemmy.world
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      3 years ago

      The library I worked for as a teen used to process off-site reservations by writing them to a text file, which was automatically e-faxed to all locations every odd day.

      If you worked at not-the-main-location, you couldn’t do an off-site reservation, so on even days, you would print your list and fax it to the main site, who would re-enter it into the system.

      This was 2005. And yes, it broke every month with an odd number of days.

  • confluence@lemmy.world
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    3 years ago

    I worked as a pastor and professor for a global, evangelical television ministry/college. They knowingly conceal scholarship on the Bible and punish their pastors for asking any questions that undermine their most closely held traditions (including anti-evolution, mental illness is supernatural, etc.). They tell their US viewers that they can’t call themselves Christians if they don’t vote Republican, while still enjoying tax-exempt status. They use pseudohistorians to inspire Christian Nationalism over their network, and are one of the largest propaganda networks for the Religious Right. A U.S. Capitol police commander told me his men were fighting people who were wearing the network’s brand.

  • thrawn@lemmy.world
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    3 years ago

    It’s pretty depressing, but the fact that soil and groundwater are almost certainly contaminated anywhere that humans have touched. I’ve seen all kinds of places from gas stations, to dry cleaners, to mines, to fire stations, to military bases, to schools, to hydroelectric plants, the list could go on, and every last one of them had poison in the ground.

    • pfannkuchen_gesicht@lemmy.one
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      3 years ago

      Some places are insanely polluted to the point where you wonder how a whole company could be so braindead and essentially poison themselves.
      A place not far from where I live had a chemical plant which just dumped loads of chemicals on a meadow for years. Now there are ground water pumps installed there which need to run 24/7 so that the chemicals don’t contaminate nearby rivers and hence the rest of the country.
      When taking samples from the pumped up water you can smell gasoline.

      • HM King Charles III DG FD@feddit.uk
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        2 years ago

        The largest lake in the UK by area got massively polluted and turned into a swamp of toxic green algae. It’s crazy how people just let stuff like that happen.

    • Tar_alcaran@lemmy.world
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      3 years ago

      It’s just as depressing when something counts as “clean”. My saddest example was a former sand pit, they spent 30 years digging out 15 meters of sand, then another 30 years filling it with anything from industrial to veterinary waste, “capped” it with rubble in the late 40s and called it clean enough.

      Had a bigass job digging out the top 3 meters of random waste, including several thousand of barrels of whatever the fuck. And definitely no unexploded ordnance (spoiler, after finding several ww2 rifle stocks and helmets, the first mortarshells were dug up too). After makimg room, it was covered in sand, clay, bentonite and a protective grid.

      So naturally, 3 months after that finished, some cockhead decided to throw an anchor and hit go all ahead flank on his assholes boat and tore the whole thing up. No need to fix anything though, just shovel some more sand it, that’ll stop the anthrax!

      This was all in open connection with a major river, of course. One people swim in.

  • MrBodyMassage@lemmy.world
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    3 years ago

    There is a million times more counterfeit/fake items at amazon than you think, and they dont care one bit to fix the problem

    • Sharkwellington@lemmy.one
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      3 years ago

      I recall watching a video about the nature of how things are stored at Amazon warehouses - basically if there are multiple sellers offering the same item it all goes in the same bin. Even if you are providing a genuine product, there’s a very good chance one of the other sellers is not, and that counterfeit gets sent out attached to your seller ID. Then you get a complaint for selling a counterfeit item someone else provided.

      Then when that seller is caught and booted, they just register another trademark with 5-10 random characters and do it again. This is causing a massive headache for the US Trademark Office as well.

    • Paradox@lemdro.id
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      3 years ago

      I bought a pepper grinder called the Pepper Cannon. Yes, its wonderfully overengineered and costs a fortune. But it’s made in the USA, and they’ve been pretty open with their startup process for making it.

      Few months ago I was browsing across amazon and lo and behold, some pepper grinders that look identical to the pepper cannon came up. They were all cheaper knockoffs, selling for a fraction of the cost, and outright stealing PCs industrial design. I didn’t buy one, as I don’t need one and didn’t really care enough to test if the mechanism was the same as the one I bought, but I did drop a line to the pepper cannon guys so they can try to get em delisted

      • Mikina@programming.dev
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        3 years ago

        Now I want a Pepper Cannon. Would you recommend getting it, before I ruin my hype by looking up the price or what is actually is? :D

        • Paradox@lemdro.id
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          3 years ago

          Its really great if you like pepper. It puts out an absolute ton of it, and you’ll find yourself going through way more black pepper than you thought you ever could. And the grind settings are unrivaled; you can get tiny little faerie dusts of pepper, all the way up to big honkin flakes that work great on a steak. Whenever I’m doing a brisket or similar on the smoker, its great to have on hand

          Its milled out of a single billet of aluminum, the grinding mechanism js custom built, and the whole thing just screams quality.

          And you pay for it. They’re around $200

          There’s also a salt cannon, if you want the same sort of thing but built for salt. I got it because I like the matching pair, but you don’t strictly need it; salt is salt, regardless of where it was ground.

  • Zeyfert162@lemmy.world
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    3 years ago

    Everything comes in frozen. Before mixing with the sauces it smells off. Half the staff mix without gloves. Dont get the tuna but have it your way…

  • oshu@lemmy.world
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    3 years ago

    The majority of tech startups are super chaotic and barely keeping things running. More than you would ever imagine.

    • nijave@lemmy.world
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      3 years ago

      Ahh yes, the perpetual slow burn (that sometimes flames up into a much larger fire).

  • Ace_of_spades@lemmy.world
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    3 years ago

    Worked at a globally popular fast food francise many years ago. They had collection boxes for a charity that they raised money for. None of the money went to that charity, but was divided between owners and managers.

    • Smoogs@lemmy.world
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      3 years ago

      I always say to the cashiers who are forced to ask us to donate that I will be donating directly to the charity online. Not through a multi million dollar company. When I think how a company does this for no other reason for free pr on other people’s coin, I have absolutely no guilt saying nope.

        • Smoogs@lemmy.world
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          3 years ago

          I believe that is a hoax. Or at the very least misinformation. Although some areas might be different. It’s not a solid argument they are getting a tax break. PR is definitely why they do it across the board though.

    • carl_dungeon@lemmy.world
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      3 years ago

      This doesn’t surprise me at all, not even a little. You’re a multi million or billion dollar company and you’re asking me to provide charity that you can use as a tax break? Even if they were using it for charity it’s still a way to subsidize bottom line with customer money and “look” altruistic in the process.

      • Smoogs@lemmy.world
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        3 years ago

        Some places don’t get a tax break but the free PR is very real.donate direct. Never through a company.

      • Pixel@lemmy.sdf.org
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        3 years ago

        They don’t get to use it as a tax break, you do. If they are doing fraud then that’s something else and they should be punished.

        • SoleInvictus@lemmy.world
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          3 years ago

          This is correct, there’s no tax break. They do it they can state “so and so corp donated 1.5 million Megabucks last year”. It’s all bullshit.

  • Ace_of_spades@lemmy.world
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    3 years ago

    Just remembered another one:

    Have you ever had an anonymous survey sent to you by your work or by a company your work has hired? They’re not anonymous. Management knows what your opinions are and will use them against you.

    I worked for a consultant that would try and help fix businesses. The worst example I can think of was when I saw one person had answered a survey question saying that their employer had a “blame culture”. Rather than trying to work on the processes or address why something had gone wrong, staff would start pointing fingers to keep out of trouble. This didn’t fix anything and only made people spend all the time covering their posteriors.

    The manager called a general meeting of everyone at that site and then singled out the employee who’d mentioned the blame culture, blaming him for saying there was a blame culture. The employee then pointed out that they’d been told, in writing, that the survey was anonymous. That employee called the manager a liar and then she lost control of the meeting, with lots of employees calling her a liar and several storming out. They weren’t in business the next year.

  • Your Huckleberry@lemmy.world
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    3 years ago

    Office Depot sells printers at very low (or even negative) margin, and then inflates the margins on cables, paper, ink, and warranty. If you want the best deal, get the printer from OD, and everything else you need somewhere else. That $20 USB cable they sell costs them $1 and you can get the same or better online for $2.68.

  • alphacyberranger@lemmy.world
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    3 years ago

    I worked with people from many indian IT companies who just outright clone github repos and tell clients they developed the entire thing from scratch.

    • celerate@lemmy.world
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      3 years ago

      This one doesn’t surprise me. I remember a recording of a guy in India doing a job interview over the phone. He had a friend on a other phone giving him the answers to the test questions. The person giving the interview heard enough in the background to figure this out, and gave the cheater tips on how to be less obvious next time.

  • ChickenLadyLovesLife@lemmy.world
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    3 years ago

    I used to work for a cable company whose name rhymes with “bombast”. They offer a wifi service whose name is a derivation of the word “infinity”. Most of the hotspots for this wifi service are provided by the Bombast wireless routers that cable customers have in their homes. So if you’re a Bombast customer, you’re helping to pay the electrical bill and giving up bandwidth in order to provide Infinity wifi.

    Another fun Bombast story: the founder, a man who always wore a bowtie, died a few years ago. At a memorial service in his honor, a number of vice presidents and other executives (including my boss at the time) wore bowties. Everyone who wore a bowtie to the service was fired within a week.

    • SetheryVanDamn@lemmy.world
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      3 years ago

      The shared internet thing is a setting that comes turned on for Xfinity routers by default (aka the ones you rent from them). If you go into the settings of the router you can turn the wifi sharing setting off.

    • Shad0w@lemmy.world
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      3 years ago

      Once I realized this I turned it off on my modem/router. I turned the router function off completely to be able to use my own equipment rather than the crap they give you.

          • ChickenLadyLovesLife@lemmy.world
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            3 years ago

            I have no idea why they were fired or who fired them - I just know that they were fired.

            Bombast had a lot of helplessly incompetent (and sometimes clinically insane) executives running things, but they never lasted that long. There seemed to be some sort of Avenging Angel of Death wandering the Bombast Center and culling the more useless examples of management. My bowtie-wearing boss was one of these and certainly deserved the axe, but I don’t know if this was true of the other members of the bowtie brigade.

  • Boozilla@lemmy.world
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    3 years ago

    Health insurance company I worked for would automatically reject claims over a certain amount without reviewing them. Just to be dicks and make people have to resubmit. This was over 25 years ago, but it’s my understanding many health insurers still pull this shit. They don’t care if it’s legal or not. Enforcement is lazy and fines are cheaper than medical claims.

    Obviously this is in the USA.

  • SloppyPuppy@lemmy.world
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    3 years ago

    I worked for an online payment company you all know. Many eployees have access to the main DB which holds all transactions and names and everything in clear text. You could basically find out all PII (personal identification information) of any celebrity you wanted given they had anaccount. Address, phone number, credit card and all. If you knew a bit of SQL you could basically find whoever person you wanted and get purchase history and all.

    Cant say I didnt use this to find stuff about my exes or various celebrities.

    • ramjambamalam@lemmy.ca
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      3 years ago

      Cant say I didnt use this to find stuff about my exes

      And I can’t say that doesn’t sound creepy at all…

    • _ak@lemmy.world
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      3 years ago

      Address, phone number, credit card and all.

      Oh wow. As someone who used to work in Fintech and who built a PCI-DSS compliant system got it successfully certified, it would be a shame if somebody reported that company for violations that could get them to lose their PCI-DSS certification. I mean, do they just bribe their PCI-DSS auditor to overlook this, or have they just managed to hide this blatant issue so far?

      • SloppyPuppy@lemmy.world
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        3 years ago

        Its been about 10 years ago I wasnt a pci expert then as i am now. My understanding today is that the db was probably pci compliant. But access to it was pretty promiscuous.

  • Abrslam @sh.itjust.works
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    3 years ago

    I worked for for the railroad. Nothing is fixed ever. I witnessed hundreds of code violations every day for years. Doesn’t matter if a rail car or locomotive meets code as long as it “can travel” its good to go.

    When an employee inspector finds a defective rail car management determines if it will get fixed. If the supervisor “feels” like “it’s not that bad” then the rail car is “let go”.

    • oatscoop@midwest.social
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      3 years ago

      Oh, so like ambulances in the USA.

      “The ambulance had issues making it unsafe (or even illegal) to drive? But it can still drive down the road? Doesn’t seem too bad: keep an eye on it.”