> When bankers first used mainframes, some slick programmers established
> "hidden accounts" which received the tinsy fractional part of the
> interest, the part lost when rounding DOWN to integer pennies ...
>
> It wasn't much, but as it happen at the end of every day, on every
> savings account ... they made money for themselves. A case of one
> procedure for me, another for all the rest of you. :-)
I heard of this story, too, back in the 70's.
Apparently the programmer inserted this into the program he was writing,
and placed the stray pennies into his own account. (The pennies originated
from him rounding up on one end of a transaction and down on the other).
After a while, the bank wondered where their breakage was. It seems
the bank had also been doing this themselves, and now this revenue stream
mysteriously disappeared when they automated. They tracked down the
code, and found the programmer's bank account number...
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