A Stock-Killer Fueled by Algorithm After Algorithm

What caused the United Airlines stock sell off to happen? We had the initial story on LISNEWS that mentioned how an old Florida newspaper article was the start of the problem that caused UAL’s stock to drop to one penny. Here is an article with the details of what happened.

September 11, 2008 by Uncategorized 1

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1 Response

  1. Bibliofuture says:
    September 11, 2008 at 6:13 am

    The Trigger Effect
    The series Connections 1 by James Burke has an opening episode called “The Trigger Effect” that discusses what happens when a technological system fails.

    Here you can watch the first ten minutes of the “Trigger Effect” episode. At 5:41 on the video you can see the one small part that failed to cause the Northeast Blackout of 1965.

    The UAL stock crash was a trigger effect incident.

    Reply

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