XJO 0.34% 7,796.0 s&p/asx 200

So the official spin in the US is that the meltdown was caused...

  1. 1,295 Posts.
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    So the official spin in the US is that the meltdown was caused by a trader making a mistake, and putting in a sell for 16 billion Proctor $ Gamble shares, give me a break, if the shares were $60, that trader had the ability to sell 960 trillion dollars worth of proctor and gamble. Do u think its possible the whole company is worth that much. I would like to know how many trillions was lost by stop losses being hit. Seriously need to question whatever comes from the media now.
 
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