Wall Street went into a freefall. But as it turns out, the billions of
dollars lost in the markets on Thursday might have been due to a simple
typo.
Sources tell ABC News the stock market slide may have been
triggered by what was supposed to be a $16 million trade in Procter
& Gamble stock. But someone entered it as $16 billion, by mistake.
That sent the Dow Jones average plummeting more than 700 points in just
15 minutes. At one point it was off by almost 1,000.
So it's all about Head & Shoulders or rather having a steady head over one's shoulders
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Wall Street went into a freefall. But as it turns out, the billions of
dollars lost in the markets on Thursday might have been due to a simple
typo.
Sources tell ABC News the stock market slide may have been
triggered by what was supposed to be a $16 million trade in Procter
& Gamble stock. But someone entered it as $16 billion, by mistake.
That sent the Dow Jones average plummeting more than 700 points in just
15 minutes. At one point it was off by almost 1,000.
So it's all about Head & Shoulders or rather having a steady head over one's shoulders
TLSJ® reporter learns from inside sources that the trader who executed this multi billion dollar trade gave this excuse to investigating authority: "मान लिया की मेरी गलती हैं, लेकिन .....P&G कंपनी के नाम में ही Gamble हैं !"
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