Wednesday, January 18, 2006

RUN!!!

Posted by kuri, ping, the pinglet, & mini-ping on 1/18/2006
Selling stampede shuts down Tokyo Stock Exchange
TOKYO (Reuters) - A stampede of sell orders forced the shut-down of the world's second-biggest stock exchange on Wednesday as investors fled the Tokyo market, spooked by fall-out from an investigation into Internet company Livedoor...[read more]

This is the second shutdown in the past few months. The first one was because of a computer glitch. This is what got me:

"News of the raid extended a sell-off that has wiped out more than $300 billion in shareholder value -- about equal to the gross domestic product of Sweden -- in just three days."

$300 billion dollars??? Here, let me write that out for you, because I certainly can't fathom that amount of money

$300,000,000,000

0 of you feeling verklempt. Tawlk amongst yourselves:

 

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