October 2008: Wall Street’s worst week ever
Posted on October 12, 2008
Filed Under depression |
October 2008: Wall Street’s worst week ever October 12th, 2008 The week’s events of how financial superpowers tried to halt the free fall, according to cnbc: Monday October 6th Fed Reserve chief Ben Bernanke doubled the cash made available to banks for emergency loans to a whopping $900 billion. Still, the Dow plunged 365 points and closed below 10,000 for the first time since 2004. Tuesday October 7th Ben Bernanke, a scholar and authority on the Great Depression, began dropping money
View original here:
October 2008: Wall Street’s worst week ever
Comments
Leave a Reply
You must be logged in to post a comment.