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: The Illinois Personal Injury Weblog of Schaeffer & Lamere P.C.Bear Stearns Sinks Stocks
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From the Associated Press via Yahoo! News: "Intensifying Credit Fears Swamp Stocks"--
Stocks fell sharply Friday as investors digested a plan to alleviate a liquidity crisis at Bear Stearns Cos. that has touched off concerns about the severity of credit troubles. Each of the major indexes lost more than 1 percent; the Dow Jones industrial average gave up more than 200 points.
Investors at various times appeared both comforted by and unnerved by a plan by the New York Federal Reserve and JPMorg read more
Full post as published by The Illinois Personal Injury Weblog of Schaeffer & Lamere P.C. on March 14, 2008 (boomark / email).
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