Dow down 358 points - the financial collapse continues in slo-mo
all the shit our media has been feeding us about "the worst being behind us" is strictly that - shit...
bring in on... let's get it the hell over with...
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The Dow Jones industrial average fell 358.41 points, or 3.03 percent, to 11,453.42, its lowest level of the year, after a discouraging report predicted trouble ahead for some of the nation’s biggest brokerage firms.
The early sell-off in the financial sector helped push the blue-chip index down, and then accelerated late in the day. The index slipped below its value at the height of the Bear Stearns collapse, a moment that many investors thought would be the bottom of a painful year in the markets.
bring in on... let's get it the hell over with...
Labels: Bear Stearns, Dow Jones, economic collapse, financial markets, financial meltdown
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