Traceback not going all the way to the exception?

[sert]

I just got an exception and the traceback wouldn't go all the 
way to the statement that threw the exception. I found that out 
by using the debugger.

Contrast the traceback:

http://tinyurl.com/5xglde

with the debugger output (notice the arrow pointing to the last 
statement the traceback showed and how the execution went on 
beyond it):

http://tinyurl.com/3fjgrl

Is this a known issue or should I submit a bug report?