worst point drop since 9/11 aftermath

God · Foro Master

RE: worst point drop since 9/11 aftermath

RazorbladeKiss · Guru

I'll celebrate xmas the good ol fashion way, no gifts just fooodddd

Chuck · Guru

God wrote:

Friendly reminder...Canadian economy almost depend of the American Economy...if they go down...guess what nosotros tambien...in fact they are predicting not good sales for the xmas season here in canada.

my thoughts exactly hmm

God · Foro Master

Friendly reminder...Canadian economy almost depend of the American Economy...if they go down...guess what nosotros tambien...in fact they are predicting not good sales for the xmas season here in canada.

El Duro · Foro Master

Please it just a matter off time the world realizes that the USA is bankrupt. I knew the USA was in the hole the Iraq war out then there and they can blame only themselfs for electing bush a 2 time

Chuck · Guru

Dow plunges over 300 points
Government bailout of AIG adds to fears about the stability of the financial markets. WaMu, Goldman and Morgan Stanley all tumble.

New YORK (CNNMoney.com) -- Stocks slumped Wednesday morning, with the Dow industrials tumbling more than 300 points, as the government's emergency rescue of AIG exacerbated fears about the stability of financial markets. The selloff comes in the wake of Lehman Brothers' bankruptcy and Merrill Lynch's sale to Bank of America.

http://money.cnn.com/2008/09/17/markets/markets_newyork/index.htm?cnn=yes

RazorbladeKiss · Guru

ouch!

Chuck · Guru

Stocks get pummeled
Wall Street sees worst day in 7 years, with Dow down 504 points, as financials implode.

NEW YORK (CNNMoney.com) -- Stocks tanked Monday, amid the largest financial crisis in years after Lehman Brothers filed for the biggest bankruptcy in history, Bank of America said it would buy Merrill Lynch and AIG slumped on fears that it can't raise cash.
Treasury prices rallied as investors sought the comparative safety of government debt, sending the corresponding yields lower. Oil prices tumbled, falling well below $100 a barrel on slowing global economic growth. The dollar rallied versus the euro and gold prices spiked.
The Dow Jones industrial average (INDU) lost 504 points, or 4.4%. It was the biggest one-day decline for the Dow on a point basis since Sept. 17, 2001, when the market reopened for trading after having been closed in the aftermath of 9/11 terrorist attacks. On a percentage basis, it was the biggest decline since July 19, 2002

http://money.cnn.com/2008/09/15/markets/markets_newyork2/index.htm?cnn=yes