Heavy Traffic!

All the major problems on Wall Street have also affected financial web sites. People from around the world have been having trouble logging in to check their accounts. Not only check, but to sell and buy at huge discounts. One of the online brokerage firms, Scottrade Inc had huge volume of trading going on. The only problem was that with some many people logging in, it slowed down their site. This slow down didn’t just affected Scottrade, it affected just about all the online brokerage firms. I had read that these sites where running so slow that 5 to 10 percent of the users couldn’t even gain access to their accounts. That’s a lot of people not being able to access their online accounts. Hopefully things will still turn out ok for the ones that weren’t able to gain access. With new plans coming in from the Fed we won’t have another financial meltdown again.

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