Thursday, April 25, 2013

Hackers twit stock market for $136 billion plunge

Bigwigs follow FBI investigation

The Apple – Washington is sitting up and taking notice as the FBI bloodhounds sniff out an unlikely scenario that set off a $136 billion free fall in stocks trading earlier this week.

Someone calling themselves the Syrian Electronic Army waylaid and bamboozled the Associated Press Twitter account, thereby convincing the world that 1)explosions rocked the White House, and 2) President Obama was a victim.

It's not the first time it's happened. In recent memory, the mighty BBC, NPR, and CBS have all succumbed to similar stunts, their credibility besmirched – if only for the moment.

Big shots at the SEC and the Commodity Futures Trading Commissions are following the resulting FBI investigation with what can only be described as alacrity and adamantine singleness of purpose – to say the least.

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