Population Statistic: Read. React. Repeat.
Thursday, May 06, 2021

The wildest day on Wall Street ever, which saw routinely $40 stocks plunge down to a penny a share, appears to have been caused by the slip of a trader’s fat finger:

According to multiple sources, a trader entered a “b” for billion instead of an “m” for million in a trade possibly involving Procter & Gamble, a component in the Dow…

Sources tell CNBC the erroneous trade may have been made at Citigroup. “We, along with the rest of the financial industry, are investigating to find the source of today’s market volatility,” Citigroup said in a statement. “At this point we have no evidence that Citi was involved in any erroneous transaction.”

Could be that there’s no math requirement for earning your Series 7 license. Nor a typing course. Both of which appear to be crucial in ensuring a smoothly-functioning economy.

by Costa Tsiokos, Thu 05/06/2021 11:54pm
Category: Business
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Day Five of “The Daily Fortune Cookie Fortune” project on Flickr contains lofty expectations:

Your eyes will be opened to a world full of beauty, charm, and adventure.

Afraid the cookie did not match the day. I certainly spied a lot of beautiful sights, but all of the superficial kind — nothing I don’t see most of the time anyway, so nothing too remarkable. As for charm and adventure, they pointedly avoided my gaze on this Thursday. Not to get too deep into a kvetch, but: If I had decided to start throwing wild, random punches into the air today, anyone wandering into the receiving end of those blows was bound to deserve it, because it seems like every asshole in the tri-state area crossed my path.

Anyway. You’ll notice that the Flickr photo reveals a torn-in-two fortune paper. Occupational hazard, wholly unintentional. I’ll have to take more care of the cracked-cookie yields in the future, to avoid shredding my daily dose of wisdom.

by Costa Tsiokos, Thu 05/06/2021 10:40pm
Category: Daily Fortune Cookie Fortune, Photography
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