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Computer Glitch Causes Havoc and Losses on Nasdaq
goombah99 writes "In an illustration of how fragile the electronic stock market system is the NY Times is reporting how a tiny computer glitch rippled through the Stock Markets with buyers who bought low and sold high taking huge losses. An erroneous large sell order was entered. Many people bought at this low price, then signed options contracts to sell these at higher prices, locking in a profit. Or so they thought utill the erroneous low sell order was removed. Now to honor their options they had to buy the stock at a higher price. Since exchanges trust each other's trade prices it rippled throughout the system. There does not seem to be any way to gracefully undo such errors."
Eh0D broke P3N1SMIGHTIER becasue he was all like RAWWWWWWWWWWGHH I HATE SINGINGIN in SCHOOL
and I was all like NO YOU DONT Eh0D!!!!!!!!!
up in there, eh0ds all donating $600 to nasdaq becasue he's big and rich oregonian with a truck, g00000 eh0d
"Oh shit..."
Kike faggots smoke my pole
They wern't running linux. :P
Who cares, they were all Indians.
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The last guy to offer me a BJ was jewish. Good one too, but it took forever to decide on the price.
Two words: good faith.
Business isn't willing to pay for products, innovation and careers, so we get brands, mortgage commercials and layoffs.