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Started By
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'Oh....you said "million"! I thought you said "billion"!'
Posted on 5/6/10 at 2:47 pm
Posted on 5/6/10 at 2:47 pm
Just reported on CNBC. Order input error caused the drop.
5
Posted on 5/6/10 at 2:49 pm to LSURussian
Posted on 5/6/10 at 2:50 pm to LSURussian
somebody got fired today
Posted on 5/6/10 at 2:51 pm to LSURussian
quote:
NYSE says it experienced no technical glitch during virtual free fall
according MW headline.
It was probably Goldman.Posted on 5/6/10 at 2:52 pm to kfizzle85
quote:
Goldman.
maybe it was a behind the scenes power play, something like 'you wanna shave my bonus, take this'
Posted on 5/6/10 at 2:54 pm to ANAKINSKY
Nah, it was someone just heard Rivers is against stocks......
Posted on 5/6/10 at 3:02 pm to LSURussian
You know there a lot of poor bastards whose stops got filled...I would guess they are just SOL.
Posted on 5/6/10 at 3:08 pm to LSU0358
quote:The shysters will come out of their holes now. CNBC just said all signs point to the P & G input error coming out of Citibank's trading desk.
I would guess they are just SOL.
Waxman probably has Pandit's number on speed dial.....
Posted on 5/6/10 at 3:11 pm to LSURussian
class action againt C ? shouldn't they be held liable ?
Posted on 5/6/10 at 3:14 pm to LSURussian
We can add one to tomorrow unemployment numbers..
Posted on 5/6/10 at 3:15 pm to Zilla
quote:
class action againt C ? shouldn't they be held liable ?
I would imagine.
This could ruin Citibank, can it not?
Posted on 5/6/10 at 3:25 pm to lynxcat
quote:
This could ruin Citibank, can it not?
I think as long as they didn't stand to make a profit from this, they will be okay. Small slap on the wrist, million dollar fine.
Posted on 5/6/10 at 3:31 pm to Greenspan
quote:
We can add one to tomorrow unemployment numbers..
Nope - that dude will put a bullet in his head tonight - probably twice.
Posted on 5/6/10 at 3:32 pm to TheHiddenFlask
THF, I don't know if you were watching CNBC when the shite hit the fan.
They were showing live video from Greece of some street demonstrations and then the bottom fell out of the market. Maria "Blinky" Bartaromo actually said, "The market is obviously reacting to seeing the scenes we are showing you here on CNBC!"
She was practically giddy thinking they are so important that the U.S. stock market would drop 700 points in 15 minutes just because of CNBC!
Of course, the market came back up 600 points during the next 20 minutes while they continued to show the Greek demonstrations. Maria didn't comment on that......
They were showing live video from Greece of some street demonstrations and then the bottom fell out of the market. Maria "Blinky" Bartaromo actually said, "The market is obviously reacting to seeing the scenes we are showing you here on CNBC!"
She was practically giddy thinking they are so important that the U.S. stock market would drop 700 points in 15 minutes just because of CNBC!
Of course, the market came back up 600 points during the next 20 minutes while they continued to show the Greek demonstrations. Maria didn't comment on that......
Posted on 5/6/10 at 3:32 pm to Mid Iowa Tiger
quote:
Nope - that dude will put a bullet in his head tonight - probably twice.
My thought as well...he'd better hope is office is on the bottom floor.
Posted on 5/6/10 at 3:33 pm to Mid Iowa Tiger
If he doesn't do it himself, he better hope his name doesn't get out or someone will do it for him
Posted on 5/6/10 at 3:34 pm to Mid Iowa Tiger
quote:Based on his hand-to-eye coordination he demonstrated today at work, he'll probably miss both times.....
Nope - that dude will put a bullet in his head tonight - probably twice.
Posted on 5/6/10 at 3:35 pm to LSU1018
quote:
If he doesn't do it himself, he better hope his name doesn't get out or someone will do it for him
Very real possibility.
If I were him, I would be getting on an international flight tonight.
Posted on 5/6/10 at 3:36 pm to LSURussian
quote:
They were showing live video from Greece of some street demonstrations and then the bottom fell out of the market. Maria "Blinky" Bartaromo actually said, "The market is obviously reacting to seeing the scenes we are showing you here on CNBC!"
She was practically giddy thinking they are so important that the U.S. stock market would drop 700 points in 15 minutes just because of CNBC!
Of course, the market came back up 600 points during the next 20 minutes while they continued to show the Greek demonstrations. Maria didn't comment on that......
Priceless. I wasn't watching, I was studying until I got an email about the melee and then I was trading options like a motherfricker.
quote:
Based on his hand-to-eye coordination he demonstrated today at work, he'll probably miss both times.....
Posted on 5/6/10 at 3:37 pm to LSURussian
This post was edited on 5/6/10 at 3:39 pm
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