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Yeah, I've heard custom metrics as the breaking point for a lot of DataDog users, TBH, so this doesn't surprise me.


SEEKING WORK | Toronto | Remote

Software consultant with 20 years experience in all kinds of development, infrastructure, recruiting and management. I usually have enough work to keep myself busy, but I do value variety and diversity, so I'm always happy to find work that can be done in parallel with the work I'm already doing.

Lately I've been doing a lot of AWS Cloud work as well as Microservices in Spring Boot and Kotlin. I'm reasonably comfortable in Java, JavaScript, Swift, Python, Ruby, Scala, Terraform, Ansible and a pile of other things and I'm pretty comfortable in my ability to pick up new tech if you have a unique technology stack.

geoffrey.wiseman@codiform.com http://codiform.com


SEEKING WORK - Toronto or Remote

I've got things to do, I just like variety. Many companies I talk to want someone full-time and ideally onsite, and that's fine when I'm fully available, but most of the time I have work on the go, and I'd just like to be able to help more than one company at once.

I'm a consultant, so mostly I try to help people solve business problems with technology. In practice, I mostly do web/mobile/apis/cloud development and devops in Java, Kotlin, JavaScript, Scala, Swift, Ruby and Python; Ansible and Terraform with AWS; recruiting, development management and development infrastructure. Willing to do a little bit of travel, but I've got a family here in Toronto, and I'm not looking to complicate things.

http://www.codiform.com/

geoffrey.wiseman@codiform.com


SEEKING WORK - Toronto, ON, Canada; remote or not

I have client projects on the go, so I'm not trying to find a full-time gig, but I'm always happy to work with new clients, so if you have work to get done and you don't need someone onsite every day, then I'd be happy to talk about how I can help. I can join an existing team, or assemble a team if it's a larger project, or I can take on work solo when that's the right fit.

The primary things I do for clients are software development (web, cloud and mobile, mostly), technical recruiting, screencasts, management, but I've got a broad range of experience in all parts of the software world and if your needs vary, I may still be able to help.

I love to build a minimally viable product to kick-start a startup implementation, but I'm equally comfortable helping to expand and evolve a large and mature codebase.

I like a wide range of technologies, but areas of focus include Java, Ruby, Objective-C, Javascript.

Websites: http://codiform.com/ http://geoffreywiseman.ca/

Contact: geoffrey.wiseman@codiform.com


Ancient?


Yep, but its a good article.

And apparently there isn't a discussion on here anymore...maybe we should have a new one?


Having absorbed the idea of 'sweep account' from Wikipedia, I'm not sure I understand why that matters to the tale. Summing up deposits sounds like bad practice, for sure, but I'm not having any luck understanding why the fact that it's a sweep account matters.

Sounds like a sweep account is just an umbrella for a day-to-day account and an investment vehicle.


It's in this sentence at the end of the wiki article:

"Some companies choose to have all of their funds swept into a sweep account..."

Some sweep accounts go back and forth in total every night, some only go back and forth according to funds being over or under a certain threshold.

Let's say your business on average has $10k in an account that doesn't earn interest, because legally the bank can't pay you interest on a business checking account. But, they want to pay you interest, because they want your business.

Every night, the bank "sweeps" the money from the checking account into an investment account that earns interest, then "sweeps" it back into the checking account. That way, they follow the law and you get interest on your funds. It's a completely legit paper trade, nothing more.

However, if this happens every night, and you have $10k in your account on average, then in a week the sweep account shows $70k in deposits, though you're true balance is only $10k.

If you have an Etrade stock account, you see the exact same thing happening between the cash in your account and a money market fund, all transactions marked with the word "sweep" in one form or another.

If prosecution merely added up the deposits in a back-and-forth sweep account to get the $425mil number, then it is a bit ridiculous to call it a "$425mil fraud".


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