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Wired: Banks Want to Swim With Penguin

Feb 03, 2003, 14:30 (11 Talkback[s])
(Other stories by Michelle Delio)

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"The Bulls and the Bears may soon be standing on the unemployment line.

"Tux the penguin, Linux's beloved mascot, is rapidly becoming the financial services industry's totem animal of choice. In fact, it seems that the only steadily rising statistic on Wall Street these days is the number of companies moving to open-source systems.

"'Linux is probably the only good news that we've had in the financial industry over the past couple of years,' said Keith Codell, a systems administrator for a Wall Street firm. 'Linux is reliable--it never crashes, it's secure. Wouldn't it be sweet if the market was more like Linux...?'"

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