So the Senate passed the economic stimulus package and Geithner unleashed the newest financial plan and it seems like the market didn’t like it all that much, with the DOW down almost 400 points and all. As a bonus link, CNBC has a pretty good article about why the market has reacted so negatively...
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Posts Tagged ‘ DOW ’
The Stimulus So Far Isn’t Very Stimulating
BREAKING: House Apparently Rejects Bailout
Story here. It seems conservative Republicans were able to rally others, and a significant number of Democrats, to join them in fighting this bill. While this has sent the markets tumbling (DOW is down 400+ points) it shows that it is better to pass a better bill, than to pass an expedient bill. Quote...
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