Contact Us

Excel Mishaps: Why It Pays to Have Excel OCD

Marks and Spencer – When they announced that sales had risen in the quarter but they had, in fact, fallen; mistake due to… an Excel summing error. JPMorgan Chase – When they had $6.2bn in trading losses in 2012 (the “London Whale” incident) due to… an Excel error. Fidelity’s Magellan fund team – When they miscalculated […]

Read More