typo costs securities firm $225 million

Message Bookmarked
Bookmark Removed

http://www.cbsnews.com/stories/2005/12/09/business/main1111322.shtml


I'm glad I was only briefly a financial proofreader.

Dr Morbius (Dr Morbius), Friday, 9 December 2005 15:41 (nineteen years ago)

Worse still, the number of shares in Mizuho's order was 41 times that of J-Com's true outstanding amount, but the Tokyo Stock Exchange processed the order anyway.

Mizuho says it tried to cancel the order three times, but the exchange said it doesn't cancel transactions even if they are executed on erroneous orders.

That's some crazy 1984 shit, right thurr.

Huk-L (Huk-L), Friday, 9 December 2005 15:46 (nineteen years ago)

friday's a good day for suicide.

maria tessa sciarrino (theoreticalgirl), Friday, 9 December 2005 17:16 (nineteen years ago)

wotta culture

gabbneb (gabbneb), Friday, 9 December 2005 17:17 (nineteen years ago)

On the plus side, shares are a zero sum game, so there must be a lot of happy salarymen out there right now.

Markelby (Mark C), Friday, 9 December 2005 17:22 (nineteen years ago)

i wish i bought some of these shares

ken c (ken c), Friday, 9 December 2005 17:27 (nineteen years ago)

I BLAME KAZ MATSUI.

hstencil (hstencil), Friday, 9 December 2005 17:46 (nineteen years ago)

ACTUALLY, NO, KAZ ISHII. EITHER WAY, A KAZ IS TO BLAME.

hstencil (hstencil), Friday, 9 December 2005 17:46 (nineteen years ago)


You must be logged in to post. Please either login here, or if you are not registered, you may register here.