Typo may have caused market to crash

[Chris]

No one was sure what happened, other than automated orders were activated by erroneous trades. One possibilility being investigated was that a trader accidentally placed an order to sell $16 billion, instead of $16 million, worth of futures, and that was enough to trigger sell orders across the market.

http://news.yahoo.com/s/ap/us_wall_street

 

[Shorebreak]

This was a shot across the bow.

"If you audit us (The Fed) we will collapse you."

In fact, Bernanke said that very thing today, in not so many words.

 

[Chris]

I doubt it.

More like a chance to make some money on index funds.