Page 51 - Computer Glitch News Today

♪ welcome back to the most news in the morning. its 20 minutes past the hour. christine romans is "minding your business, hey, christine. >> they are trying to figure out why the market went down 998 points. we have some clues. there was no computer glitch. this wasnt some software problem that sent stocks lower. we know for sure there was no fat finger trader. you remember before the market was down 1,000 points people were speculating that somebody hit the button. it never seemed very like...

The europeans couldnt respond to this. dont forget they have to agree among all the members. theres a huge number of member countries that have to agree on anything. so they were constantly caught flat-footed as the crisis got worse. then, of course, what made it really bad is the new greek government came along and said, by the way, boys, we lied. all the figure we say gave you were wrong and actually our fiscal deficit is going to be about 12% of gdp and our actual debt is about 120% of gdp an...

In hd it looks white or gray. >> something with the lighting. good to see you guys. >> nice to see you. your studio is beautiful. >> it is. glad you like it. >> very much. >> so lets talk about what happened on wall street on thursday, for 20 minutes it was just crazy, helter-skelter people were wondering -- >> 60 minutes of disaster. >> people are wondering what happened. now the s.e.c. and federal investigators are looking into could it have been a computer glitch or do you see it could have b...

To figure that out. the heads of the nyse and nasdaq are pointing fingers at each others systems and now now its looking less like human error and more like a possible computer glitch. thats it from cnbc. now back to "hardball." welcome back to "hardball." a headline on page one of the todays "wall street journal" says in a nutshell what may have led to oil rig explosion in the gulf. oil regulators ceded oversight to the drillers. how did it come to pass? the answer may lie in the oil industry...

And while your politicians would have you believe this is fine, you and i both know two years ago, it was proven to be the fraud that it is. and yesterday, we got insight once again as to just how fragile a system has been built by larry summers, bob reuben and all the others for their benefit and all of the risk that this house of cards falls? fat thinger, be careful -- resides with us. like that. 1,000 points? they could take 10,000 points if they wanted to out of this stock market, with a sim...

It literally plunged and then weve seen it come back up now, up, what, about 331 points its gotten back here, that it could be as a result of a glitch. this is something that did happen a couple years ago when the market dropped over 500 points almost instantly and that was blamed on a computer glitch. what do you think? glitch? coincidence? or the glitch has nothing to do with what were seeing? >> i was there live covering the stock market when the glitch that you were just referring to actuall...

When prices begin to move too rapidly it slows the process a bit and says hey wait a minute. lets take a look at this. >> so this is that computer glitch if you will for lack of a better description to try and describe it, that is kind of a computer glitch, too much going in the system, slows it down, and then when it catches up, wow. there was a drop? >> reporter: no, no. stick with what i am explaining you to. it was a built-in speed bump. it wasnt a glitch. it was suppose today work the way i...

This whole count now could be slowed down because of a computer glitch. the computer system needed to track and do the overall tally for this door-to-door count is having problems, crashing. we plight have a delay in getting the final tall pip about 63% of you, congratulations, sent back in, mailed in your census forms like they asked you to. my subaru saved my life. i wont ever forget that. love. its what makes a subaru, a subaru.

Substance of those there. was a computer glitch apparently that made some of this stuff unwittingly public -- the media found it. so, -- >> greta: you see that still as part of the seal? >> it is still part of seal. get what is the bredth of the gag order what can you or cant talk about? >> i cant talk about the evidence that we have and we know that is currently under seal which is as far as i know everything. i can tell you independently what i recollect. >> greta: can you tell me independentl...

Substance of those there. was a computer glitch apparently that made some of this stuff unwittingly public -- the media found it. so, -- >> greta: you see that still as part of the seal? >> it is still part of seal. get what is the bredth of the gag order what can you or cant talk about? >> i cant talk about the evidence that we have and we know that is currently under seal which is as far as i know everything. i can tell you independently what i recollect. >> greta: can you tell me independentl...