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[News] [Rival] Excel Mistake That Could Cost Billions

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Lehman Excel snafu could cost Barclays dear

,----[ Quote ]
| A formatting fubar involving an Excel spreadsheet has left Barclays Capital 
| with contracts involving collapsed investment bank Lehman Brothers than it 
| never meant to acquire.  
`----

http://www.theregister.co.uk/2008/10/15/lehman_buyout_excel_confusion/


Related:

Buggy Microsoft Excel Patch Causes Bad Math

,----[ Quote ]
| A bug in this week's MS08-014 patch causes Excel to return zeroes instead of 
| the correct number when certain types of macros are run within the program. 
`----

http://www.pcworld.com/article/id,143467-pg,1/article.html


Trouble In Microsoft World Over Calculator

,----[ Quote ]
| The calculator post seems to be a reaction to a MS KnowledgeBase article 
| titled Incorrect Calculator Results When You Use the Percent Key which 
| implies the percent function screws up your results when you use it along 
| with + or – in any combination. Way to go Microsoft!   
`----

http://blog.teqedge.com/2008/01/15/trouble-in-microsoft-world-over-calculator/


Microsoft Excel fails math test

,----[ Quote ]
| Microsoft Corp.'s Excel 2007 spreadsheet program is going to have to relearn 
| part of its multiplication table. 
`----

http://news.yahoo.com/s/ap/20070928/ap_on_hi_te/microsoft_excel_bug


Microsoft: Excel Bug Doesn't Add Up

,----[ Quote ]
| If you've been depending on your Microsoft Excel software to do your number 
| crunching for you, you might want to grab a calculator and review your 
| spreadsheets before you send the document out the door. That's because the 
| latest version of Excel is housing bugs that are dead set on ruining your 
| reports.    
`----

http://news.yahoo.com/s/nf/20070927/tc_nf/55613


[OOXML] Mathematically Incorrect

,----[ Quote ]
| So when it comes to comparing MSOOXML and ODF v1.0 on the basis of the 
| inclusion of "Formula Definitions", it becomes clear that the anti-ODF folk 
| have not much to shout about. In fact MSOOXML's "Formula Definition" is 
| deficient and inaccurate.   
`----

http://www.openmalaysiablog.com/2007/07/mathematically-.html


OOXML: The Formula for Failure

,----[ Quote ]
| As I've shown, in the rush to write a 6,000 page standard in less than a 
| year, Ecma dropped the ball. OOXML's spreadsheet formula is worse than 
| missing. It has incorrect formulas that, if implemented according to the 
| standard may cause loss of life, property and capital. This standard is 
| seriously messed up. And shame on all those who praised and continue to 
| praise the OOXML formula specification without actually reading it.     
`----

http://www.robweir.com/blog/2007/07/formula-for-failure.html
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