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• At 4.05 EDT on Thursday, the Dow was down by 311.50 points, to 13,473.57, after recovering slightly from an earlier steep fall of 412 points. It closed 2.3% down on the day.
• The FTSE 100 fell in parallel by more than 200 points, or 3.2%, to 6,251.2, the steepest decline since immediately ahead of the Iraq invasion.
The reason for the collapse was that the Wanta Settlement, which was finally slated to be paid onto the books, by 1.00pm Eastern Daylight, was again aborted.
Originally posted by St Udio
the replacement CEOs are adept at being 'raiders'->
that's what they're hired for
Originally posted by Desolate Cancer
Its not going to be that bad.
The one thing people forget about the USA and its citizens is that the country is as strong as it is because all recent arrivals and our overall culture is about working hard and arriving at the american dream. America isnt as strong as it is because of our expensive military or our wonderful politicians its as strong as it is because of the residents of the USA. Its in our culture and blood to work hard and be succesful.
expect a tax increase or another tragedy. I think Bush bit off more then he could chew. at least with Clinton we were at a surplus. I would vote for Hillary just to get Monica and Bill back in office. ha ha ha ha ha