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Wall Street Roller Coaster, Week 2: Dow Down 372 Points
By
Jen Chung
Published Sep 22, 2008
Modified Sep 22, 2008
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By
Jen Chung
Published Sep 22, 2008
Modified Sep 22, 2008
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The Dow fell 372 points today, amid worries about the government's bailout. Wachovia Securities' chief market strategist Al Goldman explained, "It's the fear of the unknown. We got used to writeoffs ... we had so many shoes drop that it didn't mean anything. Then, over the weekend, we get Wall Street has changed forever. This is a real shock."
Tagged
bailout
business
dow jones
economy
Wall Streer
Jen Chung
Jen Chung is a former WNYC and Gothamist editor.
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Gothamist is funded by sponsors and member donations
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