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Tagged: www, lstr, mps, joe, csx, smrt, ibi, winn, jaxb, fnf, fpic, ryn, fis, pssi, lps, reg, patr
So much for the bailout as panacea. On the first full day of trading on Wall Street since Congress and President Bush passed a $700 billion bailout of the financial industry Friday, stocks were down sharply. At one point the Dow Jones industrial average had fallen 800 points, or 8 percent. By the end of trading it rallied and closed down 369 points, or about 3.5 percent (CSX) (FNF) (WINN) (FIS) … Continue Reading »