Interviewing my mother, a mainframe COBOL programmer
From a technology perspective, the mainframe software described in this interview is clearly an evolutionary dead-end. It was written in an era when every bank had its own programmers and wrote its own proprietary software.<p>Because of the widespread use of these homegrown systems in the banking industry, however, it appears that management is not yet ready for a total break with the past. The investors that own these companies need to demand change and indicate they are willing to pay the cost.