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Volume 27, Issue 4

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From near disaster to shaky recovery in NYC

The classic quote from Warren Buffett about a financial crisis is also true for data centers. It's "only when the tide goes out do you discover who's been swimming naked," the multibillionaire businessman said.

Hurricane Sandy brought the tide in, literally. But the flooding in lower Manhattan had the same effect on data centers that, as Buffet observed, a recession has on financial services. It exposed the problems and shortcomings in the system.

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