Posted on 09/09/2008 4:28:19 PM PDT by ConservativeStatement
On Monday, shares of United Airlines lost more than 75 per cent of their value -- erasing about $1.2-billion from the company's market capitalization -- after a story about the airline's bankruptcy in 2002 somehow got pushed onto the website of a Florida newspaper, was picked up by Google's news-aggregation service, then made its way onto the Bloomberg news wire and out to hundreds of thousands of stockbrokers and traders. But whose fault was it? By Tuesday morning, fingers were being pointed in multiple directions.
(Excerpt) Read more at theglobeandmail.com ...
Sure they will.... just give them one news cycle.
Awwwhhh heck...sue Google for $4Billion...let them feel the sting of their global ambition.
OOPS!
From a poster on the site, Ed, from Canada: “Conspiracy theory - could this fiasco have been an elaborate scheme in its own right?”
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