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Wall Street’s big plunge – excuses and explanations
A 1000-point plunge in the blue chip Dow Jones Industrial Average in just a few minutes has left traders and stock exchange officials searching for reasons. The best explanation is that a wrong price for a single stock triggered a selloff in other stocks by computerised trading systems. Regulators and exchanges are holding inquiries, and it’s likely many trades during a 20-minute period will be …
Lehman Brothers collapse. Sep. 15, 2008. Stock Market Reactions


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