Dow Sinks, Again
The Dow closed at 8,577.91 on Wednesday. That’s off 7.87 percent, a drop of 733.08 points, as investors begin to realize that a recession is pretty much a foregone conclusion.
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Risky Loans Coming Full Circle
By: PAUL JACKSON
February 9, 2007
Bloomberg is reporting that the Fed’s Poole isn’t all that surprised by the current crunch in the subprime credit market.
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