060605
BREAKING NEWS
Wall Street Seeks Outage Causes
At press time, Wall Street firms and exchanges were exploring the causes of a halt in trading that occurred Wed., June 1, beginning at 3:56 p.m. EST.
The interruption caused problems for the New York Stock Exchange (NYSE), American Stock Exchange (Amex) and the Philadelphia Stock Exchange (PCX). Initial reports indicate that the glitch was caused by a failed communication link.
In an interview with U.S. business news cable channel CNBC, John Thain, CEO of the NYSE
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