Viral Mistakes - Chicago Tribune Reports United is Bankrupt, Stock Plummets (GALLERY)

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Viral Mistakes - Chicago Tribune Reports United is Bankrupt, Stock Plummets (GALLERY) 1,435 Views - Click for Gallery

The Chicago Tribune ran a nine year old story on their website saying that United Airlines was bankrupt. The stock dropped by 99%, as you might predict.

So, for about ten minutes, billions and billions of investor money was gone… at least on paper. The newspaper realized their error, corrected it and the United Airlines stock regained what value was lost.

I would hate to work at the Chicago Tribune today. The Tribune is the newspaper that printed “Dewey Defeats Truman” that lives on in immortality.

Via: thestreet  


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Comments:


Well, if the staff on Chicago Tribune managed to buy some stock those ten minutes, they might be quite happy now ;)

By: Hjortur on Sep 8, 08 | 103 Trends | 108 Comments



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