Good judgement or supply chain management and are the banks next?

Nicholas von Hoffman, writing in the New York Observer, looks at the $2 TRILLION lost by holders of telecom stocks (JDSU, Nortel, Lucent, and so on) which wasn’t supposed to happen because everyone’s using the latest in supply chain management software. He moves on to the risk in the dollar, which is causing big losses for American companies selling overseas (which is every single one of consequence). von Hoffman finishes by looking into whether we’ll have another rash of bank and financial institution failures. Are we really headed for a quick turnaround in the economy? Another datapoint can be found in this week’s Back of the Envelope column on nearly-defunct hip web consulting firm Razorfish.