1. March 20, 2001

    A Dated Controversy

    The error was stunning. The results were more stunning.

    On Monday morning shares of UAL Corp., the parent company of United Airlines, plummeted more than 75% at one point. The company’s market capitalization, or the combined value of all its outstanding shares, fell by almost $1.2 billion in a period of just 15 minutes. (Read more…)