Woops. Wall Street’s Barnaby
Rumours are rife last night’s dramatic plunge on the Dow Jones was caused by a Citigroup trader who accidentally sold a billion shares in Proctor and Gamble instead of a million.
That little decimal point drama might have been what wiped about a trillion dollars off US stocks before they recovered again quite quickly. You could call it a “Barnaby on steroids.”
We all make mistakes at work, but when most of us stuff up we don’t send the world financial sector into cardiac arrest. What’s the dumbest thing you’ve ever done at work, that had consequences beyond your own yearly review?
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