Saturday, September 13, 2008

United Stock Hammered by 2002 Google Bankruptcy Coverage

If you've ever wondered just how much control Google has over our economy, take a look at this...

The article about how United Airlines filed for bankruptcy in 2002 was revived when it showed up on a newspaper site’s “most viewed” section on Monday.

From there it was picked up by Google News and later seen by alarmed stockholders. The stock plunged from around $12 to just $3 a share before trading was halted.

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