21 March, 2007


Headline says it all.

I wonder how well the data will balance against the pay out information. It strikes me that a "mistake" on unrecoverable data like this would be an ideal way to cover the loss of quite a bit of money.

This would certainly qualify as a material deficiency in SOX speak. At least in some attestations I have seen. Good thing it is a government if it was a company the entire executive team would be hauled before a Congressional subcommittee and sent to jail. So who is that here? The Governor and staff? Somehow I doubt that anything like that will happen here though. Of course it shouldn't happen. It probably is a mistake but it does show how SOA requirements could be misinterpreted.

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