Originally Posted By DAR <a href="http://news.yahoo.com/s/dailybeast/20100507/ts_dailybeast/7958_howatypocrashedthemarket" target="_blank">http://news.yahoo.com/s/dailyb...hemarket</a> I guess there's going to be a refresher course.
Originally Posted By Dabob2 Note to our country: let's never, EVER, put SPP in charge of data input on Wall Street.
Originally Posted By WilliamK99 just shows how rype we are to suffer a devstating economi colapse based on numbers typed into a computer... Who has the best hackers in the world? China... Yeah, our country is screwed if all China has to do is type in a few wrong numbers....
Originally Posted By charming husband I worry more about India. Not only are they very savy computer wise, more and more of our personal info (such as our medical records), are now in their hands. With hospitals having to be paperless by 2014 I see more and more people having their personal info out in countries where it could be sold to the highest bidder.
Originally Posted By Mr X What this all comes down to though, is that there really IS no liquidity in the markets these days. Just a handful of megabanks handing money back and forth to each other. Banks that are too big to fail. Oh, and isn't it funny that this "flash crash" (warning?) occurred JUST when the Congress was discussing regulation. Kinda makes you wonder, doesn't it?
