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michael.bacon@grimbaldus.com
Date: Thu, 23 Feb 2017 18:35:07 +0000

That reminds me too of the 1970's report, attributed to IBM, that 90% [it varied] of businesses failed within 18 months of a computer fire.

It was way before many, let alone most, businesses had a computer, was not exclusively to do with fire, and didn't come from IBM. It related to small businesses failing after losing their sole premises to some disaster.

It also reminds me of the exchange in Yes Minister (a U.K. TV series) in which a drunken Home Secretary has collided with a nuclear waste lorry. The
Whitehall mandarin, Sir Humphrey Appleby announces that, "It leaked out."
Aghast, the Minister exclaims, "The nuclear waste?" "No, Minister. The story."


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