› added 2 weeks ago

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TIL that in 2005, Japanese investment bank Mizuho Securities lost the equivalent of $285 million in just a few minutes due to one typo. The firm tried to sell 1 share for 610,000 yen but ended up selling 610,000 shares for 1 yen each. Mizuho was almost bankrupted.

Read more news.bbc.co.uk

via reddit.com

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