this post was submitted on 25 May 2024
86 points (96.7% liked)

Ask Lemmy

26701 readers
2615 users here now

A Fediverse community for open-ended, thought provoking questions

Please don't post about US Politics.


Rules: (interactive)


1) Be nice and; have funDoxxing, trolling, sealioning, racism, and toxicity are not welcomed in AskLemmy. Remember what your mother said: if you can't say something nice, don't say anything at all. In addition, the site-wide Lemmy.world terms of service also apply here. Please familiarize yourself with them


2) All posts must end with a '?'This is sort of like Jeopardy. Please phrase all post titles in the form of a proper question ending with ?


3) No spamPlease do not flood the community with nonsense. Actual suspected spammers will be banned on site. No astroturfing.


4) NSFW is okay, within reasonJust remember to tag posts with either a content warning or a [NSFW] tag. Overtly sexual posts are not allowed, please direct them to either [email protected] or [email protected]. NSFW comments should be restricted to posts tagged [NSFW].


5) This is not a support community.
It is not a place for 'how do I?', type questions. If you have any questions regarding the site itself or would like to report a community, please direct them to Lemmy.world Support or email [email protected]. For other questions check our partnered communities list, or use the search function.


Reminder: The terms of service apply here too.

Partnered Communities:

Tech Support

No Stupid Questions

You Should Know

Reddit

Jokes

Ask Ouija


Logo design credit goes to: tubbadu


founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 3 points 5 months ago

IT really wasn’t. Sure, it had way too much hype, but a lot of the saner predictions really could have happened, except for the huge amount of work so many of us went through.

I was working at an investment management company at the time, one of the first “quant shops”, and there was an unimaginably vast flood of money coming through that could have ground to a halt, with ear splitting squeals and shrieks. Our stuff wasn’t retail, but you bet people would have suffered with any disruption of business, retirement plans of millions in jeopardy, investments of the wealthy, corporate wealth of all types would have been hit hard. And there were so many companies in similar condition. I was on remediation projects for a couple of years, along with most of my team and consultants when we could, and we came through with no glitches!

And yes that was the first time I was tempted to be a consultant, to get a bigger share of the money being spent. And yes I did celebrate New Years with by far the most expensive trip I had gone on to that point - included tickets for three headliner concerts, expensive suites, and unlimited margaritas