Wednesday, September 17, 2008

The Fed Extends Helping Hand to AIG (Update #3)

According to an article by Tim Paradis of the AP, the DOW Jones has gone down 450 points today.

Paradis' article is not the one I have been tracking throughout the day. However, I mention it because the one I have been monitoring, an article by Madlen Read, has not been updated with the latest news.

In the morning, Read first reported that the DOW had gone down 250 points. Hours later, she reported that it had fallen 340. And now, according to Paradis, it's gone down 450 points.

Ugh. Regardless of who's reporting what, there's nothing positive one can really say about this news.

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