So much for technology. As the Nasdaq tries to figure out why it couldn't process trades for hours on Thursday, investors outside the exchange are trying to figure out what to name the event. Three years ago we had the Flash Crash. A year ago there was the Facebook Flub.
CNBC contributor Josh Brown suggests we call the meltdown "The Flash Freeze," because what started as a flash … froze ... all afternoon. How hard could it be to fix the problem? As @apsduke tweeted, "NASDAQ I.T. head just has to answer 'my first pet's name?' "