• Swarmed by
  • metatron
  • May07 '10
  • 376 things

    17.3k rads

Dow Drop May Have Been Triggered By A Typo

Oops! I meant Million...NOT Billion!

Decider: Clavis_Apocalypticae

spankerchief

shitbox

dragonstaff

Clavis_Apocalypticae

  • Wotak
  • May07 '10

    posts

    46.9k rads

    46882 rads

    #

Nothing to worry about. This economic model is bullet proof.

  • acheron
  • May07 '10

    posts

    25.2k rads

    25153 rads

    #

Definitely. No fragility here. All the investors have been told to not breathe heavily while building on to their house of cards.

Citigroup says rumors of trading error untrue

NEW YORK (Reuters) - Citigroup Inc said there was no basis for rumors that it was responsible for a massive trading error that caused the markets to plunge Thursday.

Citi had been conducting an investigation into the rumors on Thursday, but said on Friday morning that its investigation had determined that the rumors were false.

'Based on our review, rumors about a trading error by Citi are unfounded. It is troubling that inaccurate and unfounded rumors were spread as far as they were,' Citi spokeswoman Shannon Bell said in an email.

  • pete56
  • May07 '10

    posts

    12.1k rads

    12060 rads

    #

'Based on our review...' Don't most bad cop explanations start out similar?

NEW YORK (Dow Jones)--The CME Group Inc. (CME) said Citigroup's (C) trading activity Thursday in stock index futures doesn't appear to be irregular or unusual in light of market activity.

The CME was responding to rumors concerning erroneous or irregular trades by Citigroup. A CME spokeswoman said its markets 'functioned properly without issue.'

Earlier, talk circulated on trading floors that a major firm, Citigroup, may have accidentally released an errant program trade using e-mini contracts, which are traded at the CME.

In an earlier statement, a Citigroup spokesman confirmed that the bank 'at this point' has 'no evidence' it 'was involved in any erroneous transaction.'

So what they're saying is that some poorly written algorithm crashed the market for 30 minutes and they don't have anyone on staff who can figure out why.

Hey, anonymous person! Log in and comment.
linkswarm
queue: New link: Mao Sugiyama Cooks, Serves Own Genitals At Banquet In Tokyo
BigDinWaun+
fastlane fosters a pen-pal/lover relationship with a terrorist who blew up herself just yesterday - unlucky
BigDinWaun+
fastlane tries out his first gloryhole - blown by disease ridden mule that likes to snap carrots in half - very unlucky
graycube
fastlane
And how could I forget Pepper as she attempts to scare a wild animal. Honey badger doesn't give a meep.~ unlucky
fastlane
Sunny goes to baby a shower. Drowns.~ unlucky
fastlane
Dragonstaff wears a buIIetproof vest. Shot in the face. ~ unlucky
fastlane
BigD meeps the meep out of a girl. Literally.~ unlucky
fastlane
BeachGoat bends over to pick up hot girI's dropped books. meeps. ~ unlucky
fastlane
M_A_M means to write "kk" to black friend on Facebook chat. Adds extra k. ~ unlucky
fastlane
MstrLance finally goes to summer camp. Auschwitz. ~ Unlucky
fastlane
Spanky goes to snort a line of coke. Sneezes. ~ unlucky
fastlane
Post watermelon head post haste.
fastlane
Spanky volunteers to help inner city kids, shot in drive by. ~ unlucky
BeachGoat
Happy Day to Ya, Long May Ye Wave It
BeachGoat
http://www.youtube.com/watch?v=p4ShbuhpRlo&feature=youtu.be
spankerchi+
on Spanky's Pic Place: Okay here's a+
spankerchi+
on Spanky's Pic Place: I SWEAR I was+
MstrLance
Happy Birthday, Spanky! You're in your prime for the 13th time.
MstrLance
I bet it's well manicured.
middle_age+
Try to picture Joan River's meep during the exam. It'll save some embarassment.
BigDinWaun+
spanky... You Goshdarn two-faced Gemini!
middle_age+
Don't kid yourself, you'll cry yourself to sleep after the next physical. Happy birthday you middle aged meepgot.
dragonstaf+
Happy birthday. Post pic for photoshopping.
sunny77
today on linkswarm, spanky unsuccessfully attempts to change the subject
spankerchi+
Or: Nine years before getting the pickle jar treatment.
spankerchi+
Change of topic; I'm 41 today.
spankerchi+
Ummm...
sunny77
:|
sunny77
:
middle_age+
The doc went at me like he was trying to get the last pickle out of the jar.
Pepper
Home Sweet meeping Home! Ahhhh...
nurglets
on Camphone Thread: img20120525114046qK5th.jpg
BeachGoat
Tell the GrandMonkey, "He's Dancing with the Tree!"
BeachGoat
There is a 400lb Senegalese Tortoise down the street who has a tree stump for a girlfriend.
BigDinWaun+
My pet Gerbil is dry meep a mound of cedar bedding? What gives?
BigDinWaun+
One of those old Republican Women's Cookbooks or French Gastronomy in Africa?
BigDinWaun+
I'm trying to fashion a rattle and pacifier out of chicken gibblets... does anyone have any references for this... one of those old Republican Women
linkswarm
queue: New link: security forces in Mexico have raided a workshop making fake Mexican military uniforms and body armour.
BeachGoat
"It's a Boy!"
BeachGoat
http://upload.linkswarm.com/i/beachgoat/pullingporkLSg.jpg
spankerchi+
Let the baby roast rest for an hour, then have your guests help pull the meat. Everyone will have fond memories of the event to cherish FOREVER!
spankerchi+
Just remember to give yourself plenty of time for cooking (a field-dressed baby can weigh upwards of 30 lbs and take a FULL DAY to cook!)
spankerchi+
I prefer free range, breast fed toddler as there's more dense muscle mass.
linkswarm
queue: New link: Bachmann's political mentor.
BigDinWaun+
Do you keep them penned up like veal and infuse them with formula or mother's milk? I hear formula fed babies have a medicinal taste. I don't want that for the party.... I would be a terrible host.
spankerchi+
No need to leave the skin on. A toddler's got a lot of good marbling.
spankerchi+
I'd go dry rub and smoke it like a picnic meep.
BeachGoat
HOME!...That is all
BigDinWaun+
Can anyone recommend a Masala that flavors flesh?
sunny77
however much is in a can of coconut cream
MstrLance
Trans-fat or poly-unsaturated?
BigDinWaun+
How many fat calories in a small, American toddler?
MstrLance
MIT's new coating should help with that.
hoyaguru
clipswarmed MstrLance's Dogs Shot by Police
linkswarm
queue: New link: MIT's Freaky Non-Stick Coating Keeps Ketchup Flowing
dragonstaf+
Ahh. One of those.
dragonstaf+
Not to my knowledge. Details please.
spankerchi+
That's when you take a really greasy meep and before the meep hits the water it grabs onto your meep hair and swings from tuft to tuft around your a##hole.
spankerchi+
Speaking of hair removal products; Have you ever taken a Tarzan Sh#t?
spankerchi+
Ugh...too much barbecue pork.
  • beachgoat

  • pete56

  • beachgoat

  • nurglets

  • sunny77

  • spankerchi+

  • spankerchi+

  • dragonstaf+

  • beachgoat

  • mstrlance

  • spankerchi+

  • beachgoat

  • beachgoat

  • lordkahuna

  • lordkahuna

  • lordkahuna

  • pete56

  • beachgoat

  • beachgoat

  • beachgoat

  • beachgoat

  • johnlenin

  • beachgoat

  • beachgoat

  • godevilliv+