ONE EMAIL costs mining company $300 Million in stock fall

In January 2013, a chap called Jonathan Moylan sent a single email that caused an AU$314m – £174m or $295m – dip in a coal company’s value. The email was a fake press release stating that Whitehaven Coal’s bank, ANZ, had decided not to lend the mining firm the billion or so dollars needed to Read more about ONE EMAIL costs mining company $300 Million in stock fall[…]