'Australian IQ Trainwrecks' Category
A Cat-astrophe
December is the month when the “wacky news” stories from around the world get an airing…
I found this one via Yahoo this morning… Cat gets credit card.
An Australian woman decided to test the indentity screening processes that her bank uses for credit card applications. So she applied for a card in the name of her […]IQ Trainwreck in Australian bank gives man a AU$11m overdraft
The Register picked up on this story on Friday. Their headline describes it as a ’scam’, but one of their commenters correctly points out that this is probably a failure of a business rule in one of the bank’s processes which resulted in Mr Victor Ollis running up an overdraft of AUS$11 million (approx US$9 […]

