"The Week That Changed American Capitalism"
WSJ:
NYT:
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Sources:
Markets Soar, but New Rules Upset Traders
VIKAS BAJAJ, ANDREW ROSS SORKIN and MICHAEL J. de la MERCED
NYT, September 18, 2008
http://www.nytimes.com/2008/09/20/business/worldbusiness/20markets.html
U.S. Bailout Plan Calms Markets, But Struggle Looms Over Details
DEBORAH SOLOMON and DAMIAN PALETTA
WSJ, SEPTEMBER 20, 2008
http://online.wsj.com/article/SB122186549098258645.html
Saturday, September 20, 2008 | 11:30 AM | Permalink
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Seven years ago we were very quick to sell when a bomb went off somewhere in the world. Then Iraq gradually desensitized us. With what just happened in Pakistan, I think people who had written off terrorism and geopolitical risk may just start to factor that in as another reason to sell stocks. And Russia cratering? I think that within 90 days we'll have broken to new lows.
Posted by: Eric | Sep 20, 2008 11:43:18 AM
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