Dow touches 5-year low

Worries the government's $700 bank bailout will not be enough to prevent a recession in the U.S. or Europe prompted a sell-off which dragged the Dow below 9,800.

Category:

News & Politics

Tags:

• Dow
• bailout

[masterOFpuppets06]

well...Fuck

[Ophiuchus07]

the problem is the fed printing so much money that the dollar goes down in value and inflation goes up and with every dollar printed comes that dollar plus a % of dept based on that dollar... so with this bill the stock market will go down but it will go back up with time but what happens in the long run is that money will filter through and will put us worse off down the road... we have already did this back when the internet bubble popped so basicly we cant keep throwing money at the problem

[2robryjugi]

when are the jail senteces going to start getting handed out? i have lost $30k in my pension and frank,dodds,cox,paulson someone better go to jail. yeah for the drilling ban expiring.

[afewtips]

Based on where the dow was before the housing boom, 10,000 is a healthy number. The unhealthy part is that we have to drop like a stone to get there.

[DaNNYDarKSlidE]

Crap.