The worst unix disaster I ever saw happened to one of my co-workers. He was working on a client machine, logged in as root because he needed to compile and install some complicated software. As he was working, he did an ls -l /bin and copy-pasted it to a text editor so he could make sure everything was installed correctly. Unfortunately, after returning to his console, he accidentally hit paste. Most of /bin was actually symlinked somewhere else. As you know, ls shows symlinks like this:
The important character here is the '>'. This redirects output to a file and overwrites the file. The lrwxrwxrwx will only print an error, but the redirect to the target executable will erase the target.
scp was in /usr/bin, so we could at least copy enough basics from another system and recover the rest from a backup. Needless to say we lost the client contract.
lrwxrwxrwx 1 root root 20 Apr 27 17:02 cc -> /etc/alternatives/cc
Guess what happens when you paste a whole list of those into a console as root?