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  1. #1
    Don't Judge Me! Haphazard's Avatar
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    Default Trader Makes Error At Stock Market: Stocks Plummet, Mass Panic Ensues

    Trader Error Blamed for Dow Jones, Stock Market Fall Today | HUL...

    Apparently in addition to the crisis in Greece, somebody pressed a "b" for billion instead of "m" for million when trading stock, causing everyone to freak out.

    Somebody's getting fired.
    -Carefully taking sips from the Fire Hose of Knowledge

  2. #2
    Was E.laur Laurie's Avatar
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    That would suck. As a good little NF I imagine if that was me.

  3. #3
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    I'm just glad it was a mistake and we can get back to normal.

  4. #4
    Senior Member Survive & Stay Free's Avatar
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    Ha! So all the lunatic marxists really need to do is get someone on the inside who can with a couple of key strokes provoke global panic and the collapse they waited on for so long.

  5. #5
    Vaguely Precise Seymour's Avatar
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    "It looks like you are trying to crash the stock market. Can I help you with that?"

  6. #6
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    Default

    Gold went up, don't think this was just a 'whoopsy'

  7. #7
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    Something "fishy" definately happened today...

    The live feed went down a couple of times this afternoon for public sites. i.e. MarketWatch Haven't heard of that happening with subscriber services such as Reuters.

    Several people reported having trouble placing trades, during the miraculous period where the DOW recovered 500 points after loosing 970 something?

    It's interesting that feed and trading issues occurred, and immediately after the "glitch" was over Market Watch posted a notice that there had
    been NO TECHNICAL ISSUES with trading during the sell off window.

    Sounds a bit stinky to me.

  8. #8
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    Nasdaq cancels trades made over 20-min. period - MarketWatch

    nasdaq is cancelling twenty minutes of trading during that same time frame, and says "no technical glitches."

    wtf?

    Did Wall Street get haxored?

  9. #9
    Senior Member Jaguar's Avatar
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    As usual, there will be a public version and a private version of what happened.

  10. #10
    Courage is immortality Valiant's Avatar
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    This is proof that the capitalist society doesn't work, it's downright evil, bad for people, bad for cooperation and last but not least: it's unstable.
    That's why there are crises all over the place all the time.
    Because of greed, mistakes by people playing with way too much money that has got nothing to do in reality with producing anything.
    Buying and selling stock is in itself worth nothing to anyone in terms of production and actual gain.
    It's just part of the game we play, growing as a parasite on the back of the workers who actually contribute to society with products or services.

    Mightier than the tread of marching armies is the power of an idea whose time has come

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