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Dow Jones Plunge Fueled by Overwhelmed Computers

Posted by ryuzaki0 on from the sure-always-blame-the-it-guys dept.

cloudscout writes "The Dow Jones Industrial Average dropped over 400 points today. While there were various valid financial reasons for such a decline, some of the blame is being placed on computer systems that couldn't keep up with the abnormally high volume at the New York Stock Exchange and the resulting tremor as they switched over to a backup system."

3 of 215 comments (clear)

  1. Just admit it by gEvil+(beta) · · Score: -1, Troll

    They should just admit that the slowdowns were caused by their recent upgrade to Vista.

    --
    This guy's the limit!
  2. I smell conspiracy by DJ+Jones · · Score: 0, Troll
    Seriously, A computer glitch? Or a convenient computer malfunction that halted trades just long enough for certain investors to pull out before the plunge...

  3. That's nuthin! by Anonymous Coward · · Score: -1, Troll
    I once did some work moving a legacy Windows system to Linux for a big bank in New York and when I needed access to the server room for installation and configuration, they took my wallet and I was escorted around the shop floor by a well armed guard.

    /posting anonymous because I am still scared of that guy