April 5, 2000

10:28 AM

London Stock Exchange left in lurchHere in the UK, it's the final day of the financial year (tax year), so isn't it a coincidence that the London Stock Exchange computer system went down for seven hours?
posted by williamtry (2 comments total)

I suspect a deliberate spannering from the LSE. The seven-hour outage gave the City a chance to assess what was happening in the US, and probably cooled a lot of the panic after the Nasdaq's lurch. Not that we'd ever hear about it...
posted by holgate at 11:14 AM on April 6, 2000

BBC News have delved (not very deeply) into what is said to have been the root cause of the problem with the networks.Believe them or not? Who knows.
posted by williamtry at 6:04 AM on April 7, 2000