Fixing Wall Street’s Autopilot

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The New York Times
Opinion Pages | OP-ED CONTRIBUTOR
By MICHAEL DURBIN MAY 7, 2010
Chapel Hill, N.C.

ON Thursday afternoon, the Dow plunged 1,000 points within a few minutes, followed by an equally sudden recovery. We don’t know all the details about the drop, but it was almost certainly the result of computer or human error in a high-speed trading program… more at nytimes.com



Categories: Finance

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