Today's riddle: What comes once every four years, but disappears every 100th year, unless the number of centuries is divisible by four, in which case it magically reappears again? Answer: leap year.
There's one of them coming up, and Morgan Stanley Capital International is bracing for computer anarchy and markets chaos.
Well, no, not really.
The MSCI staffers say they're perfectly convinced this Gregorian calendar quirk won't cause any computer problems at all, but other people, who don't really know what they're talking about, are worried there might be.
So naturally MSCI is postponing scheduled changes that would have re-weighted Taiwan in its widely watched investment index.
Confused yet? Lai See certainly was, so she called MSCI's John Fildes in search of logic.
