Wednesday, September 17, 2008

The Fed Extends Helping Hand to AIG (Update)

So I checked back to see if the story I was following had been updated or not. I won't repost the entire article, as it remains largely the same. However, I will point out that something very important had been changed.

When Madlen Read's article regarding the Federal Reserve lending billions to American Insurance Group was first published at 8:07 AM, there were reports that the DOW Jones had gone down 250 points. When I checked again just now, it said the DOW had slipped past 340 points.

In case you don't know anything about stocks, that is a tremendous drop. That can't bode well for our country.

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