Comment

Greek Financial Crisis Going Viral

292
Nimed5/06/2010 1:20:14 pm PDT

re: #210 reine.de.tout

re: #266 avanti

No fucking way:

In one of the most dizzying half-hours in stock market history, the Dow plunged nearly 1,000 points before paring those losses in what possibly could have been a trader error. According to multiple sources, a trader entered a “b” for billion instead of an “m” for million in a trade possibly involving Procter & Gamble, a component in the Dow.

Sources tell CNBC the firm in question that handled the erroneous trade is Citigroup. The bank said it has no evidence of a bad trade but is investigating the situation

reine, your stock just might be safe after all.