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Tag Archives: failure
Media Temple downtime
Late yesterday afternoon, Media Temple experienced a massive server failure like the one that happened in early March. I don’t see how a hosting company like theirs can afford to let the same problem occur twice in a span of … Continue reading
Do you know what a White Elephant is?
A white elephant is a term used to describe an object of value that cannot be disposed of, sold, or traded by its owner and whose cost of ownership greatly exceeds its usefulness. The expression comes from Southeast Asia where … Continue reading
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Tags: animal, asian, construction, expensive, failure, money, sacred, upkeep, white elephant
Washington Mutual becomes the biggest bank failure in history
I don’t quite understand the whole economy right now, but all of this talk of banks failing sounds incredibly scary. The New York Times is reporting that Washington Mutual was just seized by the United States Government and sold to … Continue reading
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Tags: bank, chase, economy, fail, failure, government, jp morgan, sale, washington mutual