Monday, September 29, 2008

Bailout failure and stock market

On news of Congress's failure to pass the bailout legislation today, the Dow closed down 614 points.

It seems banks are falling left and right.

National City isn't doing too well, either.

It looks like NCC closed today at $1.36, which is down about 64% from this morning.

Washington is broke. We are in trouble.

Correction: On Monday, the Dow closed down 777 points.

No comments:

Post a Comment