Financial systems Memes

The entire financial world runs on COBOL code written when dinosaurs roamed the earth. New programmers see this ancient language and want it burned at the stake, but banks cling to it like Gollum with the precious ring. Why rewrite millions of lines of working code when you can just pay COBOL developers obscene amounts of money instead? The banking industry's motto: "If it's broken enough to work for 60 years, don't fix it."

Young devs want to burn COBOL with fire, but banks cling to it like Gollum's precious. Why? Because those 60-year-old mainframes still process $3 trillion in daily transactions . Try migrating that legacy code and watch your career evaporate faster than VC funding in a recession. The ultimate job security isn't knowing the latest JavaScript framework—it's being the last person alive who remembers how to maintain that ancient COBOL system nobody dares to replace.