October 1, 200817 yr It sounds like they tweeked it some but I'm not so sure if it's going to be enough to get passed. We'll find out tonight I guess, it should be interesting... http://money.cnn.com/2008/09/30/news/economy/bailout_tuesday/index.htm?cnn=yes
October 3, 200817 yr Author Explain why, I am curious to know. You should read the bill. http://www.c-span.org/pdf/finance_bill_092808.pdf
October 6, 200817 yr Dow falls below 10,000 http://money.cnn.com/2008/10/06/markets/markets_newyork/index.htm?postversion=2008100610 Stocks tumbled today, with the Dow falling below 10,000 for the first time in nearly four years. At one point, the Dow was off more than 500 points. The sell-off came despite Friday's signing of a historic $700 billion bailout bill for U.S. financial institutions. European governments also are rushing to prop up failing financial firms, CNNMoney reports. Company news: eBay (EBAY, Fortune 500) said it was cutting 10% of its workforce, or about 1,000 employees, due to the slowdown. (Full story) Among other movers, a variety of financial stocks tumbled, including Citigroup (C, Fortune 500), Bank of America (BAC, Fortune 500) and JPMorgan Chase (JPM, Fortune 500). Oil and gold: Oil prices were lower, with U.S. light crude oil for November delivery falling $3.83 to $90.05 a barrel on the New York Mercantile Exchange. The contract briefly fell below $90 for the first time since February. COMEX gold for December delivery rallied $29.30 to $862.50 an ounce.
October 6, 200817 yr I knew it wasnt good when they just showed local stocks on the news and everyone I saw was down.
October 6, 200817 yr I read about this type of thing in a book somewhere. I think it was called Revelations.
October 6, 200817 yr I read about this type of thing in a book somewhere. I think it was called Revelations. What did the book have to say about it ?
October 6, 200817 yr I read about this type of thing in a book somewhere. I think it was called Revelations. That book was intense!:fire:
October 6, 200817 yr I thought the bailout was going to save us? Hey, we're only down 550 points today. Looks like its working to me.
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