Fuckity
Japan: A laughing stock trade
By Chris Johnson
TOKYO - The trader was supposed to sell one share for 610,000 yen ($5,065). Instead, 610,000 shares valued at $3.1 billion were offered for 1 yen each.
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Somebody made a typing mistake, said the brokerage unit of Mizuho Financial Group, Japan's second-largest bank. The error set off a frenzy of trades, and cost the unit at least 27 billion yen ($224 million) as it tried to buy back the shares, the bank said.
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