United Airline's Stock Falls On Old Bankruptcy Story

A six-year-old Chicago Tribune story about United's 2002 bankruptcy filing, was picked up from a Google search by an investment newsletter on Monday morning, triggering a massive sell-off of United shares until trading was stopped. The stock fell as low as $3 before finally bouncing back to $12.30. Attorneys on both sides have started investigations and the incident has caught the attention of securities officials. I wonder what the market is going to do when they learn that Germany has invaded the Sudetenland.

Talk about Jumping the Gun

[Jesterace]

Chaos!

Professionals use validate their data.

[ArieKremen]

Either they skimped on the validation or used www.cuil.com

More "old" stories

[bee-17]

Consider this:

• At least one other "old" news story made it to Google News yesterday. At about 7AM PDT on Sept 8, 2008, the headlining link for the RealNetworks DVD ripping story was to a 3-year old PCWorld article entitled DVD Ripping Flourishes [pcworld.com]. That old article had a correctly dated byline and appears to have been scooped up by Google at about the same time as the United Airlines Bankruptcy article (10:30pm PDT the night before).
• Also on Sep 8, Google news introduced a new feature [blogspot.com] that returns old archiv

I've seen it w Java related news in Google News...

[onitzuka]

... I've seen it with Java related news in Google News!!!... It has the same characteristics as the United Airlines situation. On September 4, in Google News, I saw the headline Kodak sues Sun over Java [google.com] when the story was listed as only about an hour old! But when I went to check the real story it was really written back in 2002!!! =-O It's still there in Google News! Here's what you see there:

Kodak sues Sun over Java [computerworld.com]
Computerworld, MA - Sep 4, 2008
Kodak has worked with Sun on several aspects of Ja

Re:

[account_deleted]

Comment removed based on user account deletion