Time to Sharpen the Blade
You remember in March of the Wooden Soldiers when Santa ordered 600 1-foot soldiers but Stan Laurel thought he ordered 100 6-foot soldiers? Well, it was just revealed that earlier this year, when a client of Mizuho Securities in Japan placed an order to sell one share of stock for 610,000 yen, somone entered the transaction as 610,000 shares for 1 yen! Stan Laurel's mistake nearly cost Ma Peep her shoe-house. This trading error, on the other hand, cost Mizuho $225 million.
The upsetting thing here is the human tragedy that will no doubt follow this. In such an honor-bound society, such an egregious error will no doubt be deeply felt not just by the unfortunate executor of the faulty trade but a legion of supervisors above him. In the Land of the Rising Sun, shame can destroy lives for much less.
The upsetting thing here is the human tragedy that will no doubt follow this. In such an honor-bound society, such an egregious error will no doubt be deeply felt not just by the unfortunate executor of the faulty trade but a legion of supervisors above him. In the Land of the Rising Sun, shame can destroy lives for much less.
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