Google helps tank UAL stocks

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flyincanuck
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Google helps tank UAL stocks

Post by flyincanuck »

This is the last thing any airline needs...especially right about now.

The Reader's Digest version:

United lost over 75% of the value of their stock (~1.2 BILLION) all in part because a Florida newspaper erroneously posted a 2002 article of the airline's bankruptcy on their website. This was picked up by Google's news-aggregation service and subsequently fired the story over to Bloomberg - which e-mailed thousands of stockholders & traders. Talk about a bad day!

http://www.theglobeandmail.com/servlet/ ... /WBmingram
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lilfssister
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Re: Google helps tank UAL stocks

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twinpratts
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Re: Google helps tank UAL stocks

Post by twinpratts »

INCREDIBLE :shock:
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I want to die like my grandfather did, peacefully in his sleep. Not screaming in terror like his passengers...
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