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When generating a backtrace from an interactive Python session (e.g. the input is from <stdin>, Python attempts to actually find a file named <stdin>, to somewhat hilarious consequences.
See the strace'd Python session below:
>>> foo
open("/etc/default/apport", O_RDONLY|O_LARGEFILE) = 3
Traceback (most recent call last):
 File "<stdin>", line 1, in <module>
open("<stdin>", O_RDONLY|O_LARGEFILE) = -1 ENOENT (No such file or directory)
open("<stdin>", O_RDONLY|O_LARGEFILE) = -1 ENOENT (No such file or directory)
open("/usr/local/lib/python2.7/dist-packages/pylint-0.24.0-py2.7.egg/<stdin>", O_RDONLY|O_LARGEFILE) = -1 ENOENT (No such file or directory)
open("/usr/local/lib/python2.7/dist-packages/logilab_astng-0.22.0-py2.7.egg/<stdin>", O_RDONLY|O_LARGEFILE) = -1 ENOENT (No such file or directory)
open("/usr/local/lib/python2.7/dist-packages/logilab_common-0.56.1-py2.7.egg/<stdin>", O_RDONLY|O_LARGEFILE) = -1 ENOENT (No such file or directory)
open("/usr/local/lib/python2.7/dist-packages/unittest2-0.5.1-py2.7.egg/<stdin>", O_RDONLY|O_LARGEFILE) = -1 ENOENT (No such file or directory)
open("/usr/local/lib/python2.7/dist-packages/GitPython-0.3.2.RC1-py2.7.egg/<stdin>", O_RDONLY|O_LARGEFILE) = -1 ENOENT (No such file or directory)
open("/usr/local/lib/python2.7/dist-packages/gitdb-0.5.4-py2.7-linux-i686.egg/<stdin>", O_RDONLY|O_LARGEFILE) = -1 ENOENT (No such file or directory)
open("/usr/local/lib/python2.7/dist-packages/smmap-0.8.1-py2.7.egg/<stdin>", O_RDONLY|O_LARGEFILE) = -1 ENOENT (No such file or directory)
open("/usr/local/lib/python2.7/dist-packages/async-0.6.1-py2.7-linux-i686.egg/<stdin>", O_RDONLY|O_LARGEFILE) = -1 ENOENT (No such file or directory)
open("/usr/local/lib/python2.7/dist-packages/decorator-3.3.1-py2.7.egg/<stdin>", O_RDONLY|O_LARGEFILE) = -1 ENOENT (No such file or directory)
open("/usr/local/lib/python2.7/dist-packages/SQLAlchemy-0.7.2-py2.7-linux-i686.egg/<stdin>", O_RDONLY|O_LARGEFILE) = -1 ENOENT (No such file or directory)
open("/usr/local/lib/python2.7/dist-packages/Sphinx-1.0.7-py2.7.egg/<stdin>", O_RDONLY|O_LARGEFILE) = -1 ENOENT (No such file or directory)
open("/usr/local/lib/python2.7/dist-packages/docutils-0.8.1-py2.7.egg/<stdin>", O_RDONLY|O_LARGEFILE) = -1 ENOENT (No such file or directory)
open("/usr/local/lib/python2.7/dist-packages/Jinja2-2.6-py2.7.egg/<stdin>", O_RDONLY|O_LARGEFILE) = -1 ENOENT (No such file or directory)
open("/usr/local/lib/python2.7/dist-packages/Pygments-1.4-py2.7.egg/<stdin>", O_RDONLY|O_LARGEFILE) = -1 ENOENT (No such file or directory)
open("/usr/local/lib/python2.7/dist-packages/nose-1.1.2-py2.7.egg/<stdin>", O_RDONLY|O_LARGEFILE) = -1 ENOENT (No such file or directory)
open("/home/ezyang/Dev/6.02/<stdin>", O_RDONLY|O_LARGEFILE) = -1 ENOENT (No such file or directory)
open("/home/ezyang/Dev/pyafs/<stdin>", O_RDONLY|O_LARGEFILE) = -1 ENOENT (No such file or directory)
open("/home/ezyang/Dev/wizard/<stdin>", O_RDONLY|O_LARGEFILE) = -1 ENOENT (No such file or directory)
open("/home/ezyang/Dev/twisted/<stdin>", O_RDONLY|O_LARGEFILE) = -1 ENOENT (No such file or directory)
open("/usr/local/lib/python2.6/site-packages/<stdin>", O_RDONLY|O_LARGEFILE) = -1 ENOENT (No such file or directory)
open("/home/ezyang/Work/shared-python/build/lib.linux-i686-2.6/<stdin>", O_RDONLY|O_LARGEFILE) = -1 ENOENT (No such file or directory)
open("/home/ezyang/Work/snarfs/python/coil/<stdin>", O_RDONLY|O_LARGEFILE) = -1 ENOENT (No such file or directory)
open("/home/ezyang/Dev/py-github/src/<stdin>", O_RDONLY|O_LARGEFILE) = -1 ENOENT (No such file or directory)
open("/usr/lib/python2.7/<stdin>", O_RDONLY|O_LARGEFILE) = -1 ENOENT (No such file or directory)
open("/usr/lib/python2.7/plat-linux2/<stdin>", O_RDONLY|O_LARGEFILE) = -1 ENOENT (No such file or directory)
open("/usr/lib/python2.7/lib-tk/<stdin>", O_RDONLY|O_LARGEFILE) = -1 ENOENT (No such file or directory)
open("/usr/lib/python2.7/lib-old/<stdin>", O_RDONLY|O_LARGEFILE) = -1 ENOENT (No such file or directory)
open("/usr/lib/python2.7/lib-dynload/<stdin>", O_RDONLY|O_LARGEFILE) = -1 ENOENT (No such file or directory)
open("/usr/local/lib/python2.7/dist-packages/<stdin>", O_RDONLY|O_LARGEFILE) = -1 ENOENT (No such file or directory)
open("/usr/lib/python2.7/dist-packages/<stdin>", O_RDONLY|O_LARGEFILE) = -1 ENOENT (No such file or directory)
open("/usr/lib/python2.7/dist-packages/Numeric/<stdin>", O_RDONLY|O_LARGEFILE) = -1 ENOENT (No such file or directory)
open("/usr/lib/python2.7/dist-packages/PIL/<stdin>", O_RDONLY|O_LARGEFILE) = -1 ENOENT (No such file or directory)
open("/usr/lib/python2.7/dist-packages/gst-0.10/<stdin>", O_RDONLY|O_LARGEFILE) = -1 ENOENT (No such file or directory)
open("/usr/lib/python2.7/dist-packages/gtk-2.0/<stdin>", O_RDONLY|O_LARGEFILE) = -1 ENOENT (No such file or directory)
open("/usr/lib/pymodules/python2.7/<stdin>", O_RDONLY|O_LARGEFILE) = -1 ENOENT (No such file or directory)
open("/usr/lib/pymodules/python2.7/libubuntuone/<stdin>", O_RDONLY|O_LARGEFILE) = -1 ENOENT (No such file or directory)
open("/usr/lib/python2.7/dist-packages/ubuntu-sso-client/<stdin>", O_RDONLY|O_LARGEFILE) = -1 ENOENT (No such file or directory)
open("/usr/lib/python2.7/dist-packages/ubuntuone-client/<stdin>", O_RDONLY|O_LARGEFILE) = -1 ENOENT (No such file or directory)
open("/usr/lib/python2.7/dist-packages/ubuntuone-control-panel/<stdin>", O_RDONLY|O_LARGEFILE) = -1 ENOENT (No such file or directory)
open("/usr/lib/python2.7/dist-packages/ubuntuone-couch/<stdin>", O_RDONLY|O_LARGEFILE) = -1 ENOENT (No such file or directory)
open("/usr/lib/python2.7/dist-packages/ubuntuone-installer/<stdin>", O_RDONLY|O_LARGEFILE) = -1 ENOENT (No such file or directory)
open("/usr/lib/python2.7/dist-packages/ubuntuone-storage-protocol/<stdin>", O_RDONLY|O_LARGEFILE) = -1 ENOENT (No such file or directory)
open("/usr/lib/python2.7/dist-packages/wx-2.8-gtk2-unicode/<stdin>", O_RDONLY|O_LARGEFILE) = -1 ENOENT (No such file or directory)
NameError: name 'foo' is not defined
>>>

That does seem like silly behavior. On the other hand, the only ill effect is likely the time required to execute the series of open calls which, in the interactive case, would not even be noticed on most systems. Would you be interested in writing a patch?

"<stdin>" is a valid name of a file on Unix systems. So the fix is not so clear.
ezyang@javelin:~$ python
Python 2.7.2+ (default, Oct 4 2011, 20:03:08) 
[GCC 4.6.1] on linux2
Type "help", "copyright", "credits" or "license" for more information.
>>> a
Traceback (most recent call last):
 File "<stdin>", line 1, in <module>
 Here’s an idea: when a (multi-variable) calculus course arrives at the topic of the *chain rule*, it should use as a worked example the multilayer perceptron—a topic you usually only find in an introductory artificial intelligence course. In fact, it’s ideal, since the treatment of this topic in most AI courses (at this point, I’ve taken two—a byproduct of slightly mismatched class schedules when you study abroad) involves *no* extra theoretical computer science content whatsoever. If you know the definition of a multilayer perceptron, any Calculus student who knows the chain rule should be able to work out the back-propagation algorithm—or perhaps I should call it a *recurrence.* 
NameError: name 'a' is not defined

The filename is retrieved from: traceback->frame->f_code->co_filename. co_filename is an arbitrary string. Example:
>>> exec(compile("1+a", "/etc/passwd", "exec"))
Traceback (most recent call last):
 File "<stdin>", line 1, in <module>
 File "/etc/passwd", line 1, in <module>
 root:x:0:0:root:/root:/bin/bash
NameError: name 'a' is not defined
"root:x:0:0:root:/root:/bin/bash" is the first line of the /etc/passwd file.