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- Bailout Package Fails As Dow Plunges
  Posted by Jeff from Huffington Post
  Thankfully... In an extraordinary gamble on the future of the global economy, the House of Representatives voted down the $700 billion Wall Street bill 205-228, as Republicans defied their president, their presidential nominee and the congressional leadership to vote nearly two to one against the measure described as crucial to the prevention of an economic collapse.
  1 comment
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- Rupert Murdoch and the accidental director
  Posted by SoxFirst
  Rupert Murdoch continues to rewrite the rules of corporate governance by appointing Natalie Bancroft, a 27-year old opera singer, to the News Corp board. With no experience in journalism and business, she has been put there to rubber-stamp Murdoch.
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- Rupert Murdoch and the WSJ
  Posted by SoxFirst
  With Rupert Murdoch's bid for Dow Jones on a knife-edge , the pros and cons of the prospective takeover need to be examined. And the negatives are worrying. This takeover is certainly in Murdoch's interests but it's not in the public's because it will mean the loss of another voice.
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- Computer glitch causes Dow Jones industrial average to fall faster than normal
  Posted by Kathy from USA Today
  The Dow says its computers were swamped with so many trades that they couldn't keep up -- the delay, supposedly, exacerbated the sell-off that accompanied the Chinese market plunge.
  2 comments

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johnmadson2 comments on:
Bailout Package Fails As Dow Plunges

Do not kid yourself… It there was anything wise about that decision it was purely coincidential.

Reply »
2:49 am 9/30/08
Jeff comments on:
Computer glitch causes Dow Jones industrial average to fall faster than normal

It could be the Ceylons working on our recession … but I think days like this happen. It’s been quite a run up so far this year.

Long term investors should be most worried about the deficit and the costs of the war…unless they own Haliburton.

Reply »
6:36 pm 2/27/07
Kathy comments on:
Computer glitch causes Dow Jones industrial average to fall faster than normal

Although the Chinese market fell further … US markets were not immune.

The Dow ended the day down 3.29 percent. Standard and Poor`s 500 stock index fell 3.47 percent, its biggest drop in 3.5 years.

AP says it is the worst day for the stock market since 9-11-2001.

Reply »
3:48 pm 2/27/07