Knowing Bear Sterns, they'll find someway to credit themselves with the commissions on the 622 million. <smile>.
-----Original Message----- From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED]]On Behalf Of Tom Walker Sent: Thursday, October 03, 2002 1:53 AM To: [EMAIL PROTECTED] Subject: What's a billion? >From the Globe and Mail: "About 20 minutes before the close of trading, Bear Stearns Cos. Inc., a major Wall Street company, mistakenly entered orders to sell $4-billion (U.S.) worth of stocks. "The orders, a result of a "clerical error", should have been entered as $4-million, according to a statment posted on the New York Stock Exchange website. All but $622-million of the orders were cancelled before execution and Bear Stearns said that the mistake will have no material impact on the firm." Tom Walker 604 255 4812
