Whoops!
Christine Hurt tells a few tales of multi-million dollar typos:
There's more. Click here.
This story, sent to me by Tim Zinnecker, takes the cake. Yesterday, J-Com Co. went public on the Toykyo exchange. Mizuho Securities Co. intended to enter an order to sell one share at 610,000 yen ($5,041). Instead, the order entered offered 610,000 shares for one yen/share (less than a penny). The order was entered, and the firm lost $225 million. Yikes!
There's more. Click here.
posted by PaulNoonan at
12:40 PM
1 Comments:
So do you think whoever bought knew that they made a mistake and took advantage of it?
By
Phil, at 7:18 PM
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