January 19, 2008 – 6:35 pm

Did EXCEL 2007 calculation errors magnify the subprime mess? Were the latest rounding errors at the FED due to an EXCEL 2007 multiplication/rounding error? As of 10/03/2007, Microsoft has not released a fix. Microsoft has listed EXCEL 2007 information on their MSDN blogs. We sure are glad Gnumeric is out there… These EXCEL issues have been brought up before (Look here). Think twice before you hire a quant that uses Excel…

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