Post by blender on Dec 19, 2013 11:37:22 GMT
It is good to know the bugs on FC's system, there are new ones with every new fix and patch. My latest:-
On the loan parts page, moving to see the loan parts for sale on a particular loan, the figure for 'my exposure to this business' is now my exposure to other loans with this business, excluding the one you are currently looking at. If you hold only one loan with the business your exposure to the business is zero! People purchasing loan parts are doing so on the basis of duff information about their current position.
A small error, you may think, but they keep making these errors and do not even know until someone tells them. Recently the system had to be closed down and the bidding rolled back. That is serious stuff. What next?
On the loan parts page, moving to see the loan parts for sale on a particular loan, the figure for 'my exposure to this business' is now my exposure to other loans with this business, excluding the one you are currently looking at. If you hold only one loan with the business your exposure to the business is zero! People purchasing loan parts are doing so on the basis of duff information about their current position.
A small error, you may think, but they keep making these errors and do not even know until someone tells them. Recently the system had to be closed down and the bidding rolled back. That is serious stuff. What next?
