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The private company that processes many bank-to-bank electronic transfers said a 'processing error' last week led to payment delays on roughly 850,000 transactions.
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When a bank fails, in addition to insuring the deposits, the FDIC acts as the receiver of the failed bank, taking control of the bank's assets and deciding how to settle its debts. The number of bank failures has been tracked and published by the FDIC since 1934, and has decreased after a peak in 2010 due to the financial crisis of 2007–2008 ...
The reward for coding errors found in Knuth's TeX and Metafont programs (as distinguished from errors in Knuth's books) followed an audacious scheme inspired by the wheat and chessboard problem, [10] starting at $2.56, and doubling every year until it reached $327.68. [3]
Paper error: Stamp is printed on the wrong type of paper which, e.g., may have a different watermark or color than intended. Perforation error: Perforations are missing on one or several sides or put in the wrong place (e.g. diagonally). As perforations may be removed by cutting them off, imperforate errors are collected in pairs.
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When to Rob a Bank: ...And 131 More Warped Suggestions and Well-Intended Rants is an edited collection of blog posts by American authors Steven Levitt and Stephen J. Dubner, authors of the Freakonomics series. It was published by HarperCollins imprint William Morrow on May 5, 2015.
In order to have legal certainty and in order to avoid the situation that courts have to decide ex-post if a trade should be binding or not, erroneous trade rules of exchanges usually exclude civil-law rescission rights.